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Africa

HSBC Exim Bank of USA and Government of Canada...

The president, John Agyekum Kufuor, speaking at the Ghana Investors’ Advisory Council’s (GIAC) meeting, said that some modest gains had been made in the quest to address the problem of accessing long-term funds by the establishment of a credit line...

Small Enterprise Development Corporation hit by financial crisis

The Small Enterprise Development Corporation (Sedco), which is facing serious financial constraints, could be forced to further downsize its operations…

#bank#funding#small businesses


European Union extend Apex Loan facilities to SMEs for...

The European Union (EU) has extended by one year, the Apex Loan Facility to small- and medium-scale enterprises (SMEs). Grant…


Barclays targets SMEs

Some Ugandans view Barclays Bank as one of those banks that predominantly serve elite customers. However, its chief executive officer,…

#bank#small businesses#smes


Stanchart to target SMEs

Standard Chartered Bank has launched a small- and medium-sized enterprises (SMEs) division. It is expected to help the bank diversify…


Small Enterprise Development Corporation disburses $949m loans under SME...

The Small Enterprise Development Corporation (Sedco) has, since 2002, distributed loans amounting to $949 million to over 1,557 borrowers under…

#GDP#smes#unemployment


Major International bank emphasises finance to SME's

The Standard Chartered Bank (StanChart) will this year put special emphasis on providing finance to small and medium scale enterprises…


Legislative change increases credit insurance importance to creditors

Recent changes to the Companies Act could reduce the chances of creditors getting paid when debtors go into liquidation, Credit…

#guarantee#insurance#Paid


Shell Foundation and dfcu Leasing in $4m energy fund

Shell Foundation, a United Kingdom registered charity funded by the Royal Dutch Shell Group of Companies, dfcu Leasing and Shell…


The Credit Reference Bureau and African Trade Insurance Agency...

The African Trade Insurance Agency (ATI), the continent’s only pan-African, multilateral export credit and political risk agency, today announced that…

#insolvency#international#political risks


ABC group chief executive office says Zambian market responding...

The African Banking Corporation (ABC) group is to invest an additional US$2million in its operations in Zambia because the country…

#economy#financial services#invoice


Export Credit Agency releases first annual report

Africa is a particularly risky continent on which to do business. In recognition of that reality, the South African government…

#bank#financial services#guarantees

Draft Policy on SMEs a Welcome Development

The Secretary for Industry and International Trade, Mr Stuart Comberbach, has announced that the draft policy on small and medium-scale…

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