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Africa

Small businesses to benefit from Sh2.7bn funding

Kenya's fast growing small- and medium-sized enterprises are to receive a crucial boost from World Bank restructuring funding to the tune of Sh2.7bn (US$33.9m). For a sector long ignored by mainstream banking, the envisaged changes will include the setting up...

#bank#international#management

SMEs need more support

President Sam Nujoma has urged financial institutions to stop hiding behind outdated policies and facilitate small and medium enterprises' access…

#bank#funding#small businesses


Government spurs exports with incentives

The South African government is keen to spur exports and it offers a variety of incentives. The Industrial Development Corp…

#exporters#exports#international


Ministry allocates US$12 billion to SMEs

The Ministry of Small and Medium Enterprises Development (SMED) has mobilised $12 billion for on-lending to small- and medium-scale enterprises…

#bank#funding#management


European Investment Bank picks Kenyan intermediaries

The European Union has approved eight Kenyan banks as local intermediaries of the European Investment Bank (EIB). The approval means…

#African Development Bank#bank#capital requirements


COFACE Algeria’s first credit insurer – BNA

BNA Finances, published by the National Bank of Algeria (BNA), has named COFACE as the first credit-insurer operating in Algeria.…

#bank#guarantee#guarantees


Government secures $17m from Siftel to promote SME growth

The government has secured a $17 million fund from the SIFTEL Bank of the United States to support and promote…


Government measures strengthen SMEs

Ugandan Minister of State for Economic Monitoring, Omony Ojok said recently that the government has undertaken steps to ensure that…


Facing the challenges of the Financial Services Charter

Last year was very interesting in the South African (SA) debtor financing industry, which continues to be extremely dynamic. The…

#economy#financial services


Botswana Export Credit Insurance runs new CEDA product

Citizen Entrepreneurial Development Agency (CEDA) has a new product called CEDA Credit Guarantee Scheme (CCGS), which encourages private sector participation…

#bank#export credit insurance#guarantee


Government’s poor support irks SMEs

Small- and medium-sized enterprises (SMEs) are disappointed with the negligible level of government support to the sector. Zambia Chamber of…


Participation vital for small business growth

The primary objective of the Revised National Policy for Rural Development programme, co-owned by the African Development Foundation (ADF) and…

#small business#WHO

Post-insolvency set-off: South Africa moves towards international best practice

Globalisation and the rapid expansion of international trade has highlighted the need for uniform and consistent insolvency legislation across international…

#insolvency#international#International Trade

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