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The CEDA Venture Capital Fund has made an investment in BizCapital, a working capital financing institution focusing on SMEs. (more…)
IFC has announced that Rawbank is the first bank in the country to join the IFC Global Trade Finance Program.…
The Small and Medium Enterprises Development Agency has been urged to promote and facilitate the development of the SME sub- sector of…
Delayed payments by the government and big corporations continue to stifle South Africa's SMEs. (more…)
#banks#small business#small businesses
Many manufacturing and distribution businesses have now discovered a preferred way of raising finance by using their own debtor book.…
Women form the bulk of borrowers for funds to finance the operations of SMEs, according to the Zimbabwe Association of Micro-Finance…
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
The Private Sector Foundation of Uganda has designed a new initiative to help business enterprises pay back their bank loans.…
#bank#risk#small businesses
Ghana and her development partners are providing USD118m to support and promote the growth and development of MSME. (more…)
International Finance Corporation will lend to the financial sector and will target at least 200 SMEs. (more…)
Khula Enterprise Finance and Regent Factors have launched a R100m reverse factoring product to reduce cash flow problems faced by…
#accounts payable#bank#guarantees
Khula Enterprise Finance and Regent Factors have launched a R100m reverse factoring product to help reduce SME cash flow problems. (more…)
The Central Bank has granted final approval to Opengate Microfinance Bank to start banking operations in the Federal Capital Territory. (more…)