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Africa

Demica facilitates SCF expansion to Nigerian businesses

Demica, the fintech specialising in supply chain finance solutions, has announced the expansion of supply chain finance to Nigerian businesses, including SMEs, transforming working capital optimisation and liquidity through a new banking partnership between African Export-Import Bank (Afreximbank) and Sterling...

#supply chain finance

Absa Bank s launches SCF to transform corporate supply...

Absa Bank has unveiled its Supplier Finance Programme, aimed at revolutionising corporate supply chains in Ghana. This innovative solution reflects…

#supply chain finance


AfDB grants Kenyan firm US$1.5m trade credit guarantee

Representatives of the African Development Bank (AfDB), African Fertiliser Financing Mechanism (AFFM), the Government of Norway and Apollo Agriculture at…

#African Development Bank


Afreximbank and FCI’s regional factoring conference in Zimbabwe attracts...

In its ongoing commitment to establish factoring as a viable financing solution for Africa’s small and medium-sized enterprises (SMEs), thus…

#Kanayo Awani


BII and Citi launch US$100m risk-sharing facility to support...

British International Investment (BII), the UK’s development finance institution and impact investor, today announced the signing of a US$100m risk-sharing facility…

#BII#British International Investment


Acre Impact Capital’s Export Finance Fund I secures US$100mn...

Acre Impact Capital, a private-debt impact investment manager announces the first closing of its Export Finance Fund I (the “Fund”),…

#bank#export finance#international


First National Bank introduces system-based credit tool to empower...

First National Bank (FNB) has introduced a system-based tool to help SMEs to easily access credit without the hassle of…

#SME lending


Veefin and Computech Partner to provide digital lending and...

Africa is at the forefront of digital transformation, and the region's banking industry is a hotspot for innovative solutions to…

#Raja Debnath#supply chain finance#Veefin


UKEF delegation heralds new trade opportunities for Benin and Togo

The CEO of the United Kingdom’s export credit agency has visited Togo and Benin, meeting government ministers in both countries to…

#debt finance#UKEF


Afreximbank to offer SCF in Nigeria in partnership with Sterling Bank

African Export-Import Bank (Afreximbank) has partnered with Sterling Bank to introduce the innovative supply chain finance product ‘Payables Finance’, in Nigeria.…

#supply chain finance


British International Investment extends US$100m finance facility to TDB...

British International Investment (BII), the UK’s Development Finance Institution (DFI) and impact investor, has announced a US$100m finance facility with the Eastern…

#British International Investment


Afreximbank closes US$282m “first-of-its-kind” India-focused club deal

The African Export-Import Bank (Afreximbank) has announced the successful completion of a first-of-its-kind India-focussed club deal for US$282m.Initiated for the exclusive…

#bank#international#trade

Afreximbank bids farewell to long serving FCI Secretary General...

The Africa Export-Import Bank (Afreximbank) has bid farewell to Peter Mulroy, the long serving Secretary General of FCI who has…

#alternative financing#bank#regulation

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