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Africa

IFC launch PEP Africa to give SME’s access to...

Last weekend, the International Finance Corporation (IFC), private sector arm of the World Bank, launched the Private Enterprise Partnership...  (more…)

#bank#international#smes

International factoring company provides access to foreign exchange lines...

International factoring company, Africa Forfeiting Limited has introduced a new product to resolve the funding worries associated with cross-border... (more…)

#exporters#exports#interest rates


SME Guarantee Fund finally receives government approval

The concept behind the SME Guarantee Scheme is to create a pooled fund, which will act as... (more…)

#bank#guarantee#guarantees


Ministry in measures to keep SMEs afloat

The Small Business Credit Guarantee Trust (SBCGT) has paid the claims of 171 small- and medium-sized enterprises (SMEs) which failed…

#guarantees#small business#smes


Absa launches R30m SME fund

Banking group Absa has announced it is establishing a R30m Small Business Fund to provide finance for entrepreneurs who (more…)


Sasfin records excellent results

Banking and financial services group Sasfin posted another excellent result, with headline earnings up by (more…)

#ABSA#banks#commercial finance


World Bank and Barclays join forces to support SMEs

Barclays Bank Limited yesterday presented a cheque towards the promotion of small- and medium-sized enterprises (SMEs), under the (more…)

#bank#banks#management


EIB and State Bank of Mauritius sign EUR20m Global...

The European Investment Bank (EIB), the EU s long-term financing institution, is to lend €20m from its own resources for…


ProCredit gives 54bn cedis to SMEs over 3 years

ProCredit Savings and Loans Company, a micro finance institution, has disbursed more than 54bn cedis (US$6m) in loans since (more…)

#financial services#international#smes


ATI issues its first credit insurance policy in partnership...

ATI, Africa's only multilateral export credit agency, has issued its first credit insurance policy (more…)


Domestic trade insurance market redefined with help from the...

Tanzania is the first country in Africa to benefit from the World Bank programme on trade finance clinics targeting small-…

#bank#exporters#International Trade


Banks adapt to cater for the fast growing SME...

It is evident from the Financial Times Banking Fair that banks are refining their offerings to small- and medium-sized enterprises…

Ghana's economy strengthens

A recent release by the Monetary Policy Committee of the Central Bank has generated optimistic feelings in the banking and…

#bank#interest rates#international

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