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Africa

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 the continent took place on November 11, the third day of the third Intra-African Trade Fair (IATF2023).United Bank for Africa PLC...

#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


TDB and ITFC sign an MOU to promote trade...

The Eastern and Southern African Trade and Development Bank (TDB) and the International Islamic Trade Finance Corporation (ITFC), a member…

#IMF#International Islamic Trade Finance Corporation#World Bank


Africa’s total exports expected to hit close to US$1tn...

Standard Chartered has today published its Future of Trade: Africa report, highlighting the outlook for African trade and providing a…

#digital#exports#trade


Standard Chartered powered Solv reaches KSh1 billion milestone

Solv Kenya, a B2B marketplace for Small and Medium Enterprises (SMEs) and a venture powered by  Standard Chartered PLC, has…

#SOLV#supply chain finance


British International Investment partners with Access Bank Plc to...

British International Investment (BII), the UK’s Development Finance Institution (DFI) and impact investor, has announced a US$60m trade finance facility for…

#Access Bank#British International Investment#supply chain finance


AFC secures US$300m loan from the CEXIM to boost...

Africa Finance Corporation (AFC) has announced the successful signing of a US$300m loan facility agreement with the Export-Import Bank of…

#Asian Infrastructure Investment Bank#Sanjeev Gupta


Afreximbank and China Development Bank sign US$400m loan to...

The China Development Bank (CDB) today in Cairo signed a development-focused agreement to provide the African Export-Import Bank (Afreximbank)... (more…)

#Benedict Oramah

UNCTAD report highlights supply chain finance’s potential role in...

UNCTAD (UN Conference Trade and Development), in its latest report, Africa’s rise as a global supply chain force, sees supply…

#BCR Publishing#supply chain finance#World Supply Chain Finance Report

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