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Africa

Government approves Micro Finance Bill

The Cabinet has approved the much-awaited Micro Finance Bill that will offer a legal framework to players in the sub-sector. According to minister Achilo Ayacko the Cabinet met last month and approved the Bill that will be discussed in Parliament...

ZSE plans to set up SME bourse

The Zimbabwe Stock Exchange (ZSE) plans setting up a secondary bourse for small- and medium-sized enterprises. ZSE chief executive Mr…


French buyer for SA credit insurer

South Africa's credit insurance industry is set for a shake-up, with French company Coface, the world's third-largest credit insurance company,…


PTA Bank, FMO sign K75bn trade finance agreement

The Eastern and Southern African Trade and Development Bank (PTA Bank) has signed a US$15m (about K75 billion) trade finance…

#ADB#African Development Bank#bank


GCR rates CGIC 'AA'

International rating agency Global Credit Rating Co (GCR) has reaffirmed Credit Guarantee Insurance Corporation's (CGIC) claims paying ability rating of…


Coface opens subsidiary in South Africa

Coface buys 100% of CUAL, a leading South African Underwriting Agency, and opens a local subsidiary to support its first…

#exports#guarantees#international


Trade Secrets: Export Answer Book for SMEs

The EBZ in conjunction with the International Trade Centre (ITC) of Geneva, Switzerland, has just published a handbook titled Trade…


World Bank to focus on black economic empowerment and...

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, will focus on black economic empowerment…


Barclays signs deal with Enterprise Uganda to boost SMEs

Barclays Bank has signed a partnership with Enterprise Uganda, to boost small- and medium-sized enterprises (SMEs). The deal was signed…

#bank#Jobs#smes


Microlending activity at record levels as banks focus on...

Greater interest in microlending by retail and commercial banks and increased microfinancing by private firms have pushed microlending activity to…


US$200bn facility set up for SMEs

Small-and medium-sized enterprises (SMEs) can benefit from a US$200bn facility provided by the government. SMEs in the productive and value-added…

Khula disbursements to SMEs totals R280m

Khula Enterprise Finance reported a 40 per cent increase in the value of disbursements to small- and medium-sized enterprises (SMEs)…

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