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African Development Bank has signed a US$148m funding agreement for Commercial International Bank of Egypt to support trade finance and local SMEs via a programme named ‘Financial package to Commercial International Bank of Egypt (CIB)’.The programme includes:US$10m line of credit with...
#African Development Bank
Beltone Financial Holding (Beltone), one of the fastest growing financial institutions in Egypt, announces its consolidated financial and operational results…
#acquisition#digital#financial services
The Abu Dhabi Department of Economic Development (ADDED) has launched the SME Finance Facilitator programme, in partnership with the Emirates…
#SME lending
DP World Trade Finance has partnered with UAE Trade Connect (UTC) to combat invoice fraud across the UAE and revolutionise…
#DP World Trade Finance#UAE Trade Connect
The European Bank for Reconstruction and Development (EBRD) announced that it is set to channel €100m in credit lines to…
The Saudi Export-Import Bank (EXIM Bank) has entered into an agreement with Obeikan AGC Glass Company for an export credit…
#Exim Bank#export credit insurance#trade credit insurance
African Development Bank approves €100m Risk Participation Agreement with Attijariwafa bank to promote African trade.This agreement, the second of its kind…
#AfCFTA#African Development Bank
“Though robust, the Middle East is still catching up with the more mature factoring and SCF markets” says Latif Sheik,…
#supply chain finance
Saudi Awwal Bank has partnered with MasterCard to introduce the leading bank’s SME Business credit card to the Kingdom which…
#Adam Jones#Mastercard#SME lending
African Export-Import Bank (Afreximbank) has entered into a memorandum of understanding (MoU) with the Government of Morocco, represented by the…
#Benedict Oramah#investment#trade
The DFINITY Foundation, a not-for-profit research and development organisation based in Switzerland and a major contributor to the Internet Computer…
#blockchain#digitalisation#digitisation
Mastercard has signed an exclusive agreement with Alhulul Almobassatah Financial Company (SiFi) to empower small and medium-sized enterprises (SMEs) in…
#Adam Jones#digitisation#Mastercard
With preparation for MENA SCF 2023 at full speed, Michael Bickers meets with Ravi Valecha, CEO, of India Factoring and…
#ESG#SME lending#supply chain finance