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Africa

IFC and Deutsche Bank partner to enhance trade finance...

To help provide vital financing to importers and exporters of essential goods in Africa, especially in small, fragile, and conflict-affected states, IFC announced a risk-sharing facility with Deutsche Bank of up to €215m.In 2022, African countries imported and exported US$1.1tn...

#Deutsche Bank

Afreximbank signs two deals totaling US$80m for Zimbabwe’s CBZ Bank

In two deals signed at the recently concluded Afreximbank Annual Meetings, African Export-Import Bank (Afreximbank) is providing a US$60m line of…

#bank#forum#international


Afreximbank, CBZ bank launch $80m trade boost for Zimbabwe

Afreximbank, a prominent multilateral financial institution, has partnered with CBZ Bank to provide an $80m facility aimed at bolstering trade…

#bank#exporters#forum


Afreximbank signs agreement for US$100m trade finance facility to...

African Export-Import Bank (Afreximbank) has signed an agreement for a US$100m trade finance facility in favour of Rawbank to assist the…

#bank#forum#guarantees


FCMB secures $15m ITFC deal to boost Nigeria’s trade...

FIRST City Monument Bank (FCMB) has announced a US$15m Master Murabaha Agreement with the International Islamic Trade Finance Corporation (ITFC),…

#bank#forum#international


ADF approves US$42.86m to boost access to finance and...

The Board of Directors of the African Development Fund (ADF) – the African Development Bank Group’s concessional financing window –…

#African Development Bank


IFC and ABSA to support coffee farmers in East...

IFC, a member of the World Bank Group, and Absa Group Limited, a South African-based bank, will provide an up…

#working capital


IFC and Ecobank to boost trade finance across seven...

To promote trade and foster economic growth in Africa, IFC has announced trade finance facilities with seven Ecobank Transnational Incorporated…

#forum#guarantees#smes


AfDB provides US$15m trade finance facility to First Capital...

First Capital Bank (FCB) in Zimbabwe  has received from African Development Bank (AfDB) US$15m trade finance package to help bolster…

#African Development Bank


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,…

#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

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