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The European Bank for Reconstruction and Development and Co-operative Bank of Kenya have executed a US$50m cross-currency swap in the first transaction to use Kenya’s new KESONIA reference rate, creating additional infrastructure for local-currency corporate financing. The agreement, equivalent to...
#Co-operative Bank of Kenya#cross-currency swap#EBRD
NCBA Bank and HEVA Fund have signed a financing agreement designed to expand credit access for Kenya’s creative sector, introducing…
#invoice discounting
Mansa, a Kenya-based pioneering fintech specialising in liquidity solutions for multinational exports and cross-border payments in emerging markets, has announced…
#blockchain#emerging markets#exports
Representatives of the African Development Bank (AfDB), African Fertiliser Financing Mechanism (AFFM), the Government of Norway and Apollo Agriculture at…
#African Development Bank
Kenya launched a US$51.7m loan project for small and medium enterprises funded by the World Bank on Monday. Rebecca Miano,…
#bank#digital#SME lending
Solv Kenya, a B2B marketplace for Small and Medium Enterprises (SMEs) and a venture powered by Standard Chartered PLC, has…
#SOLV#supply chain finance
The Board of Directors of the African Development Bank Group has approved... (more…)
#ADB#guarantees#SME lending
Standard Investment Bank (SIB), one of Kenya’s first indigenous investment banks has partnered with Recolte Ltd, a trade finance intermediary…
#purchase order finance
Digital SME marketplace Solv Kenya has signed a pact with Standard Chartered bank to enable MSMEs to access supply chain…
#supply chain finance
Micro Small and Medium Enterprises (MSMEs) in Kenya are going to benefit from receivables finance solution offered by a fintech…
#IMFact
Faulu Microfinance Bank (Faulu) will lend more than Sh1bn (US$9.24m) to small enterprises in Nakuru, Nyandarua and Laikipia counties in…
#Faulu Microfinance Bank
Equity has invested in a new trade finance system that is aimed at improving turn-around time and... (more…)
#bank#guarantees#International Trade
...has launched the import duty finance to the rapidly evolving... (more…)
#bank#MSME#trade