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68 per cent of businesses funded by the Industrial Development Corporation (IDC) in the 2008/09 financial year were SMEs, up from 56 per cent in the previous period (more…)
#funding#smes#trade
Banks operating in the country have been advised to partner with SMEs in order to propel the growth of the…
A company specialising in financing general businesses, GroFin Africa Fund (GAF), yesterday launched a $160 million scheme for small and…
South Africa's Industrial Development Corporation IDC) has secured a 60-million credit line from the European Investment Bank (EIB) to finance…
The Ministry of Small and Medium Enterprises is working on a budget proposal for the recapitalisation of the Small Enterprise…
KCB opens three more branches in Southern Sudan as demand for transactions such as invoice discounting, trade financing and asset financing…
#bank#banks#international
Nigerian bank United Bank for Africa (UBA) says at least 600 Small and Medium Scale Enterprises (SMEs) across Africa will…
Ugandan SMEs have not exploited a loan developed by the European Investment Bank due to a lack of information about how to…
#bank#banks#insurance
Roger Herbert, Executive Secretary of the Debtor Finance Committee at the Banking Association of South Africa, talks to Factorscan about…
#assignment of receivables#international#International Trade
Treasury figures indicate that demand for loans from the state-supported Kenya Industrial Estates (KIE) rose dramatically in 2008. (more…)
#bank#banks#smes
Dfcu Bank secures 7million euro loan to finance SME expansion. (more…)
#bank#international#security
The IFC, the World Bank's private lending arm, is to extend additional trade finance funding to developing nations. (more…)
#bank#international#International Trade
David Cory of Nedbank Corporate Debtor Management outlines the growing significance of debtor finance to South African companies. (more…)
#bank#funding#invoice