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The Botswana government pledged its support to factoring companies, in a speech made to a High Level Consultative Council last week. (more…)
GroFin has announced the final closing of the GroFin Africa Fund at US$170m against a target of $150m (more…)
Kingdom Finance has announced its intention to offer invoice discounting facilities to SMEs (more…)
A new regional fund aimed at supporting SMEs in African countries has been launched under a scheme packaged by a…
#bank#international#risk
The International Finance Corporation is to invest $30 million in Sasfin to enable the specialist bank to spread lending to…
Roger Herbert, Executive Secretary for the Debtor Finance Committee of he Banking Association of South Africa, talks to Factorscan about…
#assignment of receivables#bank#emerging markets
68 per cent of businesses funded by the Industrial Development Corporation (IDC) in the 2008/09 financial year were SMEs, up…
#funding#smes#trade
Banks operating in the country have been advised to partner with SMEs in order to propel the growth of the…
A company specialising in financing general businesses, GroFin Africa Fund (GAF), yesterday launched a $160 million scheme for small and…
South Africa's Industrial Development Corporation IDC) has secured a 60-million credit line from the European Investment Bank (EIB) to finance…
The Ministry of Small and Medium Enterprises is working on a budget proposal for the recapitalisation of the Small Enterprise…
KCB opens three more branches in Southern Sudan as demand for transactions such as invoice discounting, trade financing and asset financing…
#bank#banks#international
Nigerian bank United Bank for Africa (UBA) says at least 600 Small and Medium Scale Enterprises (SMEs) across Africa will…