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Africa

African Dawn acquires medical factor and discounter

African Dawn Capital has acquired all the issued shares in and claims against Dumont Healthcare for R11.5m. (more…)

IFC to compete with banks for SME business

IFC is moving from on-lending with local financial institutions to competing directly with Kenyan based banks for SME business. (more…)


Martin selected to chair Credit Guarantee board

Alwyn Martin is to take on the position of chairman for Insurer Credit Guarantee.   (more…)

#guarantee#WHO


VCTF roadshows to SME’s ends

The Venture Capital Trust Fund has completed roadshows to educate SMEs on the processes and procedures for accessing Venture Capital Financing. (more…)


German micro lender enters Tanzania

 Access Microfinance Holding has ventured into the market and will specialize in providing loans and other financial services to SMEs.  (more…)


Government allocates US$55,4bn to SMEs

The Zimbabwe Government has allocated a total of US$55,4bn in loan facilities to support SMEs, so far this year. (more…)


SME want SADC attention

The Zambia Chamber of SME Business Association says there is need for the SADC summit to give attention to the Micro SMEs.…

#economy#smes


BoB opens second branch in South Africa

Bank of Baroda has opened its second branch in Johannesburg, South Africa. (more…)

#bank#SME financing#trade


AfDB to fund SMEs

Tanzanias SMEs will receive EUR600,000 from the African Development Bank. (more…)


World Bank funds for Kenyan SMEs remain unutilised

Seventy per cent of the Sh1.25bn World Bank loans extended to Kenya for the development of the MSME's remains unutilised. (more…)

#bank#management#smes


Financial assistance to SMEs

The public and private sectors have to join forces to adopt new ways to streamline the accessibility of finance to…


Fitch affirms Imperial Bank’s rating

Fitch Ratings affirms Imperial Bank's national long-term and  short-term rating. (more…)

Union Bank plans new financing schemes for SMEs

The Group Managing Director of Union Bank of Nigeria Plc (UBN), Mr Barth Ebong, has said that the bank has…

#bank#management#SME financing

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