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Africa

SC Ventures launches SOLV Ghana with invoice financing and...

SC Ventures, the innovation, fintech investment, and ventures arm of Standard Chartered, announces the launch of SOLV Ghana, a B2B online marketplace catering to MSMEs. SOLV Ghana offers short-term invoice financing, BNPL services, and business loans through a trusted marketplace of...

#BNPL

AfDB grants $7m trade finance guarantee to access Bank...

The Board of Directors of the African Development Bank Group has sanctioned a US$7m trade finance guarantee facility grant to…

#ADB


Zenith Bank and AGF forge partnership to boost MSME...

Zenith Bank (Ghana) and the African Guarantee Fund (AGF) have forged a strategic partnership to bolster funding accessibility for MSMEs…

#African Development Bank#bank#guarantees


Mastercard and Boost partner for digital payments and SCF...

Global payments technology company, Mastercard and B2B commerce platform, Boost, have collaborated to provide digital payment wallets and embedded supply…

#Boost#digitisation#embedded finance


EAIF backs Sonatel’s digital leap with $39m receivables-backed bond

The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, has committed XOF23.5bn (US $39m) to a…

#receivables securitisation


AGF and Vista Group partner to boost SME and...

African Guarantee Fund (AGF) has signed a landmark partnership agreement with Vista Group Holding to accelerate access to finance for…

#financial inclusion


Factoring faces challenges but brings opportunities in Botswana

Unlike other African countries, Botswana has excellent political stability and a stable economy, with no foreign exchange controls on foreign…

#assignment of receivables#bank#invoice


BOAT receives ADB approval for trade finance facility

The Board of Directors of the African Development Bank Group (ADB) has approved a trade finance transaction guarantee facility to…

#AfCFTA#African Development Bank


African Development Bank approves US$25m trade finance facility for...

The Board of Directors of the African Development Bank Group has approved a US$25m trade finance line of credit facility…

#African Development Bank Group


eBiashara signs partnership with FMDQ Group Nigeria for SCF

eBiashara, a pioneering force in innovative fintech solutions, has announced its strategic partnership with FMDQ Group Nigeria, a leading financial private…

#liquidity#supply chain finance


Nigerian startup FrontEdge raises US$10m to expand its operations

Nigerian digital trade-finance platform, FrontEdge, has raised US$10m in debt and equity funding to support cross-border trade and expand its operations…

#emerging markets#exporters#smes


Securitisation gets a boost at African financial conference

Securitisation as a financial tool for African economies was given a fillip last week at the African Financial Industry Summit…

#receivables securitisation#Sani Yaya

Ecobank and AGF sign US $200m risk-sharing agreement

Ecobank, the leading pan-African banking group, and the African Guarantee Fund (AGF), a specialised pan-African guarantee provider, have joined forces…

#Ecobank#risk sharing agreement#SME lending

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