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Africa

Liquify secures US$1.5m seed round to tackle Africa’s trade...

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 deepens investment in Jetstream Africa to bridge...

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


African Development Bank approves €25.5m trade finance facility for...

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 acquires Zuvy to expand invoice finance in...

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


BDEAC secures €100m trade finance facility from Afreximbank

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


Rand Merchant Bank to adopt Surecomp’s TFaaS

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


IFC and FirstRand Bank to boost access to finance...

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 secures NGN 3bn via commercial paper issuance

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 boosts trade finance in West Africa with new...

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


BII and Standard Chartered join forces for trade finance...

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


AfDB and Dashen Bank sign US$40m trade finance facility

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


Afreximbank extends EUR15m factoring line to Banque Postale du...

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

IFC, TLG Capital announce US$75m first close of African...

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

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