Afreximbank partners FCSSC and MIAI to support African SMEs
The African Export-Import Bank (Afreximbank), the Finance Center for South-South Cooperation (FCSSC) and the Made-in-Africa Initiative (MIAI) have...
Africa
US technology company eyes blockchain to support SMEs in East Africa
US-based technology and trade company...has announced a future partnership with East African SMEs...
IBM rolls out new SCF platform across Africa
IBM is rolling out a new supply chain finance platform across Africa, using machine learning algorithms and blockchain technology to extend ...
African and Indonesian banks allocate US$100m for financing businesses and trade activities
The African ...and the ... entered into an agreement to commit up to US$100 million to support businesses and trade activities between Indonesia and African countries...
Lebanese credit insurer expands to 11 African markets
The Lebanese Credit Insurer... has expanded its debt collection services to cover...
African SMEs to access US$74 million fund
The African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) has entered into a re-guarantee transaction of US$74 million...
HPD Software and FCI collaboration fuels student dreams to bring factoring to Africa
Keen to facilitate education and development of the commercial finance industry, HPD and FCI came together to support...
Barclays Africa names new regional head of trade
...has joined Barclays Africa as regional head of trade (excluding South Africa) in Johannesburg...
Afreximbank urges use of factoring to expand Africa’s regional value chains
African countries should make use of factoring in order to take advantage of the opportunities for expanding the continent’s regional value chains...
IFC provides US$100 million to FNB to expand SME lending
The International Finance Corporation (IFC), a member of the World Bank Group, announced new financing of US$100 million to support FNB’s lending to small and medium enterprises, with a focus on women-owned businesses.