BoI secures USD100m fund for SMEs

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)

Afreximbank gears up for investiture of new President

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

Barclays Africa opens Supply Chain challenge

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

Afreximbank closes its largest ever term loan

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 in Africa, the momentum is growing

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…