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Africa

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


Export Council receives Sh912m credit line for exports to...

The Export Promotion Council has received a Sh912m (US$11.8m) grant from the United States International Development (USaid) to assist Kenyan…


Standard Chartered Bank launch new products for SME banking

Standard Chartered Bank (SCB), last week, unveiled two new business products tailored to SME’s, at the Uganda Manufacturers Association Conference. …

#bank#conference#financial services


Economic Development Minister promises funding policy for small business...

Limpopo economic development, environment and tourism minister Collins Chabane says small business is to receive special attention in his province.…

#economy#funding#Jobs

Gauteng launches SME portal and agency

The Gauteng Provincial Government has launched the Gauteng Enterprise Propeller (GEP), a small- and medium-sized enterprise (SME) agency and portal.…

#economy#funding#Propel

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