In a move to improve trade ties between the continent and Canada, the African Export-Import Bank (Afreximbank) has been awarded a US$30 million (4.8 billion naira) five-year line of credit by Canada s export credit agency, Export Development Canada (EDC).
 | In a specialist article, Dr. Edward George, Head of Soft Commodities research, Ecobank, shares his views on the outlook for trade finance in Sub-Saharan Africa. |
Coface, the global credit insurance provider, is offering advice to UK businesses who want to expand into the African continent, one of the fastest-growing regions in the world.
Credit insurance provider Coface has continued its global expansion by extending its offering in Western and Central Africa. Coface guarantees are now available in 97 countries.
 | Dr. Okey Oramah, executive Vice President of Afreximbank gives BCR Factorscan his views on growth, crisis and African trade finance after the Arab Spring. |
The African Development Bank (AfDB) has established a fund to absolve the risk of SME funding on the continent.
The Standard Bank Group is now financing SMEs, tapping into a lucrative segment that was previously ignored by mainstream lenders but is increasingly on the agenda for most African governments, Reuters reports.
