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First National Bank (FNB) has introduced a system-based tool to help SMEs to easily access credit without the hassle of financial statement and documentations.The bank piloted the tool, known as the Scored Credit model for six months, with over 250...
#SME lending
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
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
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 (BII), the UK’s Development Finance Institution (DFI) and impact investor, has announced a US$100m finance facility with the Eastern…
#British International Investment
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
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
The Ghana International Bank (GHIB) has committed to address the urgent trade needs across Sub-Saharan Africa.During the 65th anniversary of…
#bank#financial institution#Ghana Cocoa Board
NMB Bank Limited Zimbabwe has announced a groundbreaking partnership with ... (more…)
#African Development Bank
The United Bank for Africa (UBA) and African Guarantee Fund (AGF) on Monday signed a partnership that ensures that UBA provides US$100m in…
#African Development Bank#bank#international
Kenya launched a US$51.7m loan project for small and medium enterprises funded by the World Bank on Monday. Rebecca Miano,…
#bank#digital#SME lending
Duplo, a Nigerian-based B2B fintech said in a recent statement it has launched its Vendor Management Portal which helps businesses optimise their…
#accounts payable#cash-flow#invoice
In a new paper, the specialist trade finance bank analyses how robust risk mitigation and compliance is the key to…
#Damian Austin#Paul Jennings#risk mitigation