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The European Union has approved eight Kenyan banks as local intermediaries of the European Investment Bank (EIB). The approval means Barclays Bank of Kenya, Standard Chartered Bank, Development Bank, Kenya Commercial Bank (KCB), Stanbic Bank, Industrial Development Bank (IDB), East...
#African Development Bank#bank#capital requirements
BNA Finances, published by the National Bank of Algeria (BNA), has named COFACE as the first credit-insurer operating in Algeria.…
#bank#guarantee#guarantees
The government has secured a $17 million fund from the SIFTEL Bank of the United States to support and promote…
Ugandan Minister of State for Economic Monitoring, Omony Ojok said recently that the government has undertaken steps to ensure that…
Last year was very interesting in the South African (SA) debtor financing industry, which continues to be extremely dynamic. The…
#economy#financial services
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
Small- and medium-sized enterprises (SMEs) are disappointed with the negligible level of government support to the sector. Zambia Chamber of…
The primary objective of the Revised National Policy for Rural Development programme, co-owned by the African Development Foundation (ADF) and…
#small business#WHO
Globalisation and the rapid expansion of international trade has highlighted the need for uniform and consistent insolvency legislation across international…
#insolvency#international#International Trade
Botswana Export Credit Insurance (BECI), a 100 per cent subsidiary of the Botswana Development Corporation (BDC), was set up to…
#bad debts#cash-flow#exporters
Money laundering poses a serious threat to South Africa's democracy and governance which have been hard earned, says the National…
#anti-money laundering#bank#economy
The First Factoring Company of Zimbabwe (FFCZ) has entered into a partnership with the Venture Capital Company of Zimbabwe (VCCZ)…
Not enough small- and medium-sized enterprises (SMEs) are using debtor finance to improve cash flows and grow their businesses, according…
#bank#financial institution#international