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Financial institutions are giving a serious look at the SME segment. Competition has heated up with Standard Chartered, Barclays, NIC Bank and Diamond Trust all making forays into the niche. (more…)
DFCU Limited has secured a $3 million (Shs5.2 billion) credit from the Norwegian Investment Fund for Developing Countries to support…
Access to finance for SMEs is easier than it has ever been. Obstacles and challenges that previously seemed insurmountable are…
#Access to Finance#international#management
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 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 Bank has announced the acquisition of Nile Bank, a Ugandan commercial bank specialising in SME finance (more…)
#3M#acquisition#bank
The micro business unit of the Social Development Secretariat (SDS) of the Federal Capital Territory is in partnership with (more…)
Access Bank Plc was given a pat on the back for financing the Export Sector. It received an award presented…
Standard Chartered Bank has launched two products to support the Small Medium Enterprise (SME) sector (more…)
#bank#conference#exporters
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
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 Limited, one of South Africa's Big Four banks, has selected a new collections system to enhance its collections environment (more…)
Coface has announced the establishment of its presence in Algeria to roll out its credit insurance offer. This offer comprises…