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IFC, a member of the World Bank Group, and Absa Group Limited, a South African-based bank, will provide an up to US$60m commodity trade finance facility to Volcafe, a leading global green coffee merchant, to strengthen the company’s operations in...
#working capital
To promote trade and foster economic growth in Africa, IFC has announced trade finance facilities with seven Ecobank Transnational Incorporated…
#forum#guarantees#smes
First Capital Bank (FCB) in Zimbabwe has received from African Development Bank (AfDB) US$15m trade finance package to help bolster…
#African Development Bank
Demica, the fintech specialising in supply chain finance solutions, has announced the expansion of supply chain finance to Nigerian businesses,…
#supply chain finance
Absa Bank has unveiled its Supplier Finance Programme, aimed at revolutionising corporate supply chains in Ghana. This innovative solution reflects…
Representatives of the African Development Bank (AfDB), African Fertiliser Financing Mechanism (AFFM), the Government of Norway and Apollo Agriculture at…
In its ongoing commitment to establish factoring as a viable financing solution for Africa’s small and medium-sized enterprises (SMEs), thus…
#Kanayo Awani
British International Investment (BII), the UK’s development finance institution and impact investor, today announced the signing of a US$100m risk-sharing facility…
#BII#British International Investment
Acre Impact Capital, a private-debt impact investment manager announces the first closing of its Export Finance Fund I (the “Fund”),…
#bank#export finance#international
First National Bank (FNB) has introduced a system-based tool to help SMEs to easily access credit without the hassle of…
#SME lending
Africa is at the forefront of digital transformation, and the region's banking industry is a hotspot for innovative solutions to…
#Raja Debnath#supply chain finance#Veefin
The CEO of the United Kingdom’s export credit agency has visited Togo and Benin, meeting government ministers in both countries to…
#debt finance#UKEF
African Export-Import Bank (Afreximbank) has partnered with Sterling Bank to introduce the innovative supply chain finance product ‘Payables Finance’, in Nigeria.…