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Liquify, a female-founded trade finance platform, has successfully raised US$1.5m in a seed funding round led by Future Africa. The round saw participation from other notable investors including Launch Africa Ventures, 54 Collective, Digital Africa, and Equitable Ventures. The infusion...
#54 Collective#AI#Alberta Asafo-Asamoah
Cauris Finance, a private credit fund with a focus on Africa, has reaffirmed its commitment to transforming African trade by…
#Azer Songnaba#Cauris Finance#Jetstream Africa
The Board of Directors of the African Development Bank Group has approved a €25.5m trade finance facility for the Générale…
#African Development Bank#Leila Boumatou#Malinne Blomberg
BAS Group, a Nigerian investment company with a keen interest in underpenetrated markets, has taken a significant strategic step by…
#Abdulateef Hussein#Ahmad Shehu#Angel Onuoha
African Export-Import Bank (Afreximbank) has signed an agreement to provide the Banque de Développement des États de l’Afrique Centrale (BDEAC)…
#Afreximbank#BDEAC#Benedict Oramah
Surecomp® today announced that Rand Merchant Bank (RMB), has selected its award-winning Trade Finance-as-a-Service (TFaaS) solution to drive seamless digital…
#Rand Merchant Bank#surecomp#TFaaS
To make loans more accessible and affordable for small and medium enterprises (SMEs), IFC has set up a risk-sharing facility…
#credit risk#FirstRand Bank#IFC
Finceptive Limited (Finceptive), a Nigerian a specialised working capital provider, has successfully raised NGN 3bn (US$1.9m) through its inaugural commercial…
#commercial paper#Finceptive#supply chain finance
IFC has announced new partnerships with Coris Bank International in Benin and Togo and Banque El Amana in Mauritania that…
#Banque El Amana#Coris Bank International#Global trade finance programme
Standard Chartered, a leading international cross-border bank, and British International Investment (BII), the UK’s development finance institution and impact investor,…
#British International Investment#Standard Chartered#trade finance
The African Development Bank (AfDB) and Dashen Bank have signed a US$40m trade finance transaction guarantee facility designed to support…
#African Development Bank#Ahmed Attout#Asfaw Alemu
African Export-Import Bank (Afreximbank) has signed a EUR 15m factoring line of credit agreement with Banque Postale du Congo (BPC)…
#Afreximbank#Banque Postale du Congo#Calixte Tabangoli
To support small and medium sized enterprises in Africa—and to protect jobs at those businesses—IFC and TLG Capital announced the…
#IFC#TLG Capital credit fund