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Africa

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 currency trade and huge fiscal incentives. Factoring in Botswana is on the one hand challenging, and on the other offers incredible...

#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


Afreximbank signs several multimillion dollar deals to support trade...

The signing of significant trade finance agreements between the African Export-Import Bank (Afreximbank) and several leading business entities from across…

#export finance


Afreximbank appoints new Executive Vice President of Global Trade...

Afreximbank appoints Mr Haytham El Maayergi as its Executive Vice President of Global Trade Bank (EVP GTBA).Mr. El Maayergi brings…

#Benedict Oramah


AfDB supports Absa’s sustainable lending with ZAR 2.7 billion...

The Board of Directors of the African Development Bank has approved a financial package for Absa Group Limited comprising a…

#ABSA#AfDB#sustainable finance


IFC partners with FirstRand Bank to expand SME financing...

To facilitate increased access to financing for small and medium-sized enterprises (SMEs) in South Africa, including women-owned businesses, IFC today…

#FirstRand Bank


MTN launches Xlerator programme to boost supplier finance

MTN, Africa's largest mobile network operator, is planning to offer substantial support to SMEs through its MTN Xlerator, MTN South…

#SME lending#supplier finance#supply chain finance

DP World continues partnership with Standard Bank with new...

DP World has extended its long-standing partnership with pan-African bank, Standard Bank, by concluding a US$365.1m facility agreement.This agreement aims…

#DP World#Kenny Fihla#Standard Bank

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