Africa

Factoring has been slow to develop in Africa, now the momentum is growing and both International Factors group and Factors Chain International are supporting the cause. Peter Brinsley Managing Director of Point Forward Ltd is one industry expert involved in delivery the factoring message in Africa and writes for trfnews.com on latest developments…

African uranium producer gets additional finance to cope with the collapse of market prices..

Access to finance is still a major limitation for many African small and medium size enterprises

Factors Chain International (FCI) will hold their first Factoring in Africa event at the Movenpick Ambassador Hotel Accra, Ghana on 30th January 2014.

Afreximbank holds ‘Factoring as an Alternative Trade Finance Instrument in a Competitive World’ workshop organised in Douala, Cameroon. agf

AfDB to channel USD70 million to Eastern and Southern African businesses through PTA.

African Guarantee Fund agrees to back Ecobank's SME financing programmes, including contract and receivables finance, distributorship finance and asset finance.

Attijariwafa bank to open subsidiaries in Togo and Niger.

The West African Development Bank and Burkina Bail signed a loan agreement.

African Development Bank launches a USD400 million risk sharing facility with Standard Chartered.