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Africa

Opportunities surge for SMEs

Access to finance for SMEs is easier than it has ever been. Obstacles and challenges that previously seemed insurmountable are being tackled by government through initiatives such as (more…)

#Access to Finance#international#management

South Africa 2006-2007 – Factoring becoming increasingly important

There are developments currently in progress to produce an industry wide electronic interface system that will enable factors to receive…

#bank#interest rates#invoice


Exim Bank support to SMEs boosted by USD5 million...

Exim Bank Tanzania Limited has secured a US$5m from PROPARCO of France, which is to be spent on loans to small-…

#bank#financial institution#international


Barclays targets SME finance with Nile Bank deal

Barclays Bank has announced the acquisition of Nile Bank, a Ugandan commercial bank specialising in SME finance (more…)

#3M#acquisition#bank


Abuja disburses N250m of micro business loans

The micro business unit of the Social Development Secretariat (SDS) of the Federal Capital Territory is in partnership with (more…)


Access Bank leads in foreign trade financing

Access Bank Plc was given a pat on the back for financing the Export Sector. It received an award presented…


Stanchart launches products to support SMEs

Standard Chartered Bank has launched two products to support the Small Medium Enterprise (SME) sector (more…)

#bank#conference#exporters


The switch to invoice finance continues, says SA chief

Increasing rates and delays in decision-making and red tape by banks have resulted in hundreds of SMEs seeking alternative ways…

#credit protection#invoice#smes


US African Development Foundation to boost SMEs with US$1.5m

The United States African Development Foundation (USADF) has earmarked US$1.5m (about Shs2.7 bn) for the development of (more…)

#Boost#management#smes


Nedbank Asset Based Finance steps up collections

Nedbank Limited, one of South Africa's Big Four banks, has selected a new collections system to enhance its collections environment (more…)


Algeria: 60th country of presence for Coface

Coface has announced the establishment of its presence in Algeria to roll out its credit insurance offer. This offer comprises…


Bank gets Sh270m for SMEs

Fina Bank has received euros 3m (Sh270m) from Netherlands Development Finance Company (FMO) to lend to customers running (more…)

SMEs get funding boost

The US$16 m that has been availed by the Reserve Bank of Zimbabwe (RZB) for the small- and medium-size enterprises…

#bank#interest rates#smes

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