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Africa

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…)


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…)

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