Africa

Asian and African Development Banks to set up African Trade Finance Program The Asian Development Bank (ADB) and the African Development Bank (AfDB) have signed an agreement to help AfDB set up a trade finance program to boost African trade

Layfield succeeds Mike Hart as chief executive of Africa business

IFC, a member of the World Bank Group, has entered into a loan agreement with Malta-based FIMBank to help ensure that

Margrith Lutschg-Emmenegger, President of FIMBank, talks to Factorscan about doing business in the changing north African environment and how recent unrest in the region could effect its development of factoring.

IFC, a member of the World Bank Group, Citigroup, and the African Development Bank agreed to provide up to

IFC, a member of the World Bank Group, is providing training in trade finance to bankers in East Africa to help banks better serve small businesses and improve their trade finance products.

 

GroFin has announced the final closing of the GroFin Africa Fund at US$170m against a target of $150m

A new regional fund aimed at supporting SMEs in African countries has been launched under a scheme packaged by a South African multinational specialist finance and development organisation