To aid its development financing objectives, in particular for SMEs, the Bank of Industry (BoI), has secured a USD100m line of credit from the African Development Bank (AfDB)
The Egyptian capital of Cairo is to host high ranking African government officials, heads of international organizations, members of the diplomatic community, leaders of international financial institutions and the business community as the African Export-Import Bank (Afreximbank) inaugurates its Headquarters building and conducts the investiture of its new president on 20 and 21 September
Ivorian President Alassane Ouattara has announced that the country is planning to increase its investment in the African Export-Import Bank (Afreximbank) by taking up its rights under the bank’s ongoing general capital raising exercise
Barclays Africa Group Ltd (Barclays Africa) have launched the Barclays Africa Supply Chain Challenge – the first of several initiatives being driven into Africa with the aim of sparking ideas to drive digital evolution on the continent
The African Export-Import Bank (Afreximbank) has announced the closing of the general syndication stage of the largest ever term loan facility in the bank’s history, with the conclusion of a USD458m and EUR406.5m two-year, dual tranche facility
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…