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Africa

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 of (more…)

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)…


EIB to increase credit lines to fund SMEs

The European Investment bank (EIB) is planning to provide commercial banks with new credit lines to fund small and micro…

#bank#guarantee#guarantee scheme


South Africa in prime position to gain more from...

The availability of trade and risk information remained critical for South African firms to identify export opportunities, Coface announced (more…)


Export credit agency in talks with flower exporters' association

The African Trade Insurance Agency (ATI), a multi-lateral export credit agency, recently held talks with the Uganda Flower Exporters Association on…


National Bank of Ethiopia amends Export Credit Guarantee Scheme...

The National Bank of Ethiopia (NBE) has disclosed that it had launched an amendment to the establishment and operation of…


ICC assets base grows, looking to diversify into invoice...

Lusaka and Industrial Credit Company (ICC) Zambia, which is part of the Loita Group of companies, has grown its balance…

Size no longer matters for invoice discounting

Sasfin Bank has launched an innovative invoice discounting facility aimed particularly at small- to medium-sized businesses (SMEs) (more…)

#bank#invoice#management

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