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Africa

More funds for SME development

Ghanaian Banks have been told to develop interest in accessing the US$180 million Business Development Services fund for on-lending to SMEs in the country to help develop and expand the sector. (more…)

Regent Group announce appointments

The Regent Group, based in Durban, has announced three new appointments. (more…)

#bank#invoice#receivables


Asset-based finance firms moves north

Asset-based finance (ABF) company Rand Trust, of Cape Town, is to open a branch in Gauteng this month, its first…


Central Bank Governor calls for increase in SME lending

Central Bank of Kenya (CBK) has asked banks to increase lending to SMEs after Governor Njuguna Ndungu took issue with local…

#bank#international#management


Government provides aid to SMEs for uplifting economy

The Mauritian Government is making huge investments to strengthen the SMEs of the nation. (more…)


New Coface divisions to assist exporters

Credit insurer Coface SA has launched two new divisions to assist companies exporting products and services while collecting debt on…


BDC facilitates economic growth with business finance products

The Botswana Development Corporation (BDC) promotes and facilitates the economic development of the country according to the Assistant Minister of…

#business finance#invoice


Additional EUR 8.3m for SME Funding

RAND TRUST was the pioneer of invoice discounting in South Africa (in 1958) and the product has since evolved and…


Regent Group becomes first non-bank owned member of Debtor...

The Regent Group have been given associate membership to the Debtor Finance Committee of The South African Banking Association. (more…)

#bank#invoice#supply chain finance


Northern Uganda gets micro-finance

A $150,000 (about sh241m) micro-finance, which will serve northern Uganda, has been started. (more…)

#interest


UNIDO rep advises Nigeria to use SMEs to transform...

Nigeria has been advised to emulate Japan in transforming its economy through the Small and Medium Enterprises (SME s). (more…)

#Jobs#Produce#smes


PTA Bank extends Sh750m credit facility to K-Rep

Small and medium sized enterprises are set to benefit from a Sh750m credit line extended to the K-rep bank from…

Crown Eagle MFB boss calls for CBN to bar...

President/Chief Executive, Crown Eagle Microfinance Bank, Mr. Ben Taiwo Ojomo has called on the Cental Bank of Nigeria (CBN) to…

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