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Africa

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


Afreximbank to finance non-traditional exports

The African Export Import Bank (Afreximbank) will pump US$80 m into the Export Fund of Zambia (EFZ) to finance non-traditional…

#bank#economy#exports


Small firms constrained by lack of access to finance

Access to finance remained a problem for Botswanan small- and medium-sized enterprises (SMEs) and cash remained these enterprises' preferred means…


Credit, factoring, trade finance in demand despite rate change

The South African Reserve Bank (SARB) says Private sector credit extension (PSCE), including factoring advances, accelerated from the previous month despite…

#bank#interest#interest rates


GroFin's US$25m boost for SMEs

Small- and medium-sized enterprises (SMEs) in East Africa are set to have more funds at their disposal following an increase…


Banks fail to disburse N26bn in SME funding scheme

The Central Bank of Nigeria (CBN) has lamented that, as at the end of May 2006, about N25.967bn remained unused…


CDC, Absa Bank joins forces for SME finance initiative

The Coega Development Corporation (CDC) has signed an agreement with Absa Bank aimed at helping Small and Medium Enterprises (SMEs)…


World Bank gives 3.5bn cedi to SMEs through Ghana...

The World Bank presented the second tranche of prizes to 21 small- and medium-sized enterprises (SMEs) whose projects and business…

#bank#banks#international


Finance Corp supports SME sector

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, will provide joint risk-sharing with the…

#bank#guarantees#international


Pulling the cork on cash flow

Nedbank Business Banking's agricultural division manager in the Western Cape, Rico Basson, says export factoring is a growing part of…

#bank#exporters#invoice


EADB to expand trade finance operations

In order to expand East African Development Bank's (EADB's) trade finance operations, the bank plans to (more…)

#African Development Bank#bank#international

Exporters flay NEXIM and banks for poor export financing

Exporters who are members of the Manufacturers Association of Nigeria Export Promotion Group (MANEG) hold the Nigerian Export-Import Bank (NEXIM)…

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