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Africa

ICIEC and Afreximbank forge strategic partnership to boost Arab–Africa...

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral insurer and member of the Islamic Development Bank Group, and African Export‑Import Bank (Afreximbank) have announced the signing of a memorandum of understanding (MoU) to...

#Afreximbank#ICIEC#trade finance

African Development Bank provides a US$310m financial package to...

The Board of Directors of the African Development Bank Group has approved a US$310m financial package to FirstRand Bank, one…

#African Development Bank#financial package#FirstRand Bank


WFY’25: Factoring continues to grow in Botswana in 2024

William Tazviinga Murwisi, Managing Director, Olympia Factors Commercial (Pty) Ltd, share insights on the Botswana factoring market in the regional article…

#factoring#Olympia Factors Commerciale#William Tazviinga Murwisi


Hadi Finance redefines SME lending in Nigeria with ‘human...

Nigeria’s informal economy makes up nearly 58 per cent of the country’s GDP, according to techcabal Insights, yet millions of…

#Hadi Finance#invoice finance#SME lending


Nigerian Senate advances Factoring Regulation Bill

The Nigerian Senate has moved forward with legislation aimed at improving access to finance for micro, small, and medium-sized enterprises…

#Bill#factoring#Factoring bill


AfDB approves US$10m trade finance support for Exim Bank...

The African Development Bank Group (AfDB) Board of Directors has approved a US$10m trade finance transaction guarantee facility for Exim…

#Exim Bank Tanzania#trade finance


CRDB Bank secures US$200m to support SME finance in...

CRDB Bank, Tanzania’s largest commercial bank, has successfully raised a US$200m syndicated loan to expand financing for small and medium…

#CRBD Bank#Intesa Sanpaolo#Investec


Proparco grants US$10m loan to BCI Guinea to support...

The Banque pour le Commerce et l’Industrie Guinée (BCI Guinea), a subsidiary of the BCI Mauritania group, and Proparco, the…

#BCI Guinea#Proparco#SME financing


ZBFH to offer digital services in Zimbabwe with Finastra...

Finastra, a global leader in financial services software, announced that ZB Financial Holdings (ZBFH), one of Zimbabwe’s most diversified financial…

#digital services#Finastra#ZB Financial Holdings


Afreximbank and FCI name new Regional Manager for Africa

African Export-Import Bank (Afreximbank) and FCI have announced the appointment of Mr. Tinashe Tamba as the new FCI Regional Manager…

#Afreximbank#FCI#Harare Receivables Exchange


WFY’25: Factoring in emerging markets – a promising solution...

Raško Perić, Marketing Manager, and Edson Miguel Aguiar Paterson, Regional Partner West Africa, both from efcom, reveal why factoring is…

#Edson Miguel Aguiar Paterson#Efcom#emerging markets


Wegagen Bank strengthens trade finance capabilities with US$85m facility

Wegagen Bank has secured an US$85m international trade finance guarantee facility through strategic collaborations with the Eastern and Southern African…

#Afreximbank#International Trade#risk-sharing

Kyriba announces partnership with Bank of Africa Group

Kyriba, a global leader in liquidity performance, announces its collaboration with the Bank of Africa Group. Bank of Africa, one…

#Bank of Africa#Bank of Africa Group#Cash flow

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