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Africa

Operator urges SMEDAN to facilitate SME development

The Small and Medium Enterprises Development Agency has been urged to promote and facilitate the development of the SME sub- sector of the economy. (more…)

Late payments squeeze SMEs

Delayed payments by the government and big corporations continue to stifle South Africa's SMEs. (more…)

#banks#small business#small businesses


Good news for SME’s as SA catches on to...

Many manufacturing and distribution businesses have now discovered a preferred way of raising finance by using their own debtor book.…


The majority of SME borrowers are women

Women form the bulk of borrowers for funds to finance the operations of SMEs, according to the Zimbabwe Association of Micro-Finance…


High numbers of SMEs are closing annually

More than 50% of all small and medium sized enterprises (SMEs) close shop annually due to lack of finance. (more…)

#financial services#interest#interest rates


PSFU supports SMEs financing

The Private Sector Foundation of Uganda has designed a new initiative to help business enterprises pay back their bank loans.…

#bank#risk#small businesses


MSME’s to be promoted with funding

Ghana and her development partners are providing USD118m to support and promote the growth and development of MSME. (more…)


IFC to focus on financing SMEs in East Africa

International Finance Corporation will lend to the financial sector and will target at least 200 SMEs. (more…)


Cash Flow more accessible for SMEs

Khula Enterprise Finance and Regent Factors have launched a R100m reverse factoring product to reduce cash flow problems faced by…

#accounts payable#bank#guarantees


Kuala & Regent Factors launch reverse factoring

Khula Enterprise Finance and Regent Factors have launched a R100m reverse factoring product to help reduce SME cash flow problems. (more…)


Micro Finance Bank to be open in Kuje

The Central Bank has granted final approval to Opengate Microfinance Bank to start banking operations in the Federal Capital Territory. (more…)


Khula buys 20% stake in Regent Factors

Khula Enterprise Finance has boosted its asset base through a R100-million transaction with Regent Factors. (more…)

#financial services#purchase order#smes

ECIC expands to political risk insurance

The Export Credit Insurance Corporation is to provide political risk insurance to financials that provide loans to foreign enterprises and projects. (more…)

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