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Senegal

Afreximbank loans BNDE €20m to develop factoring in Senegal

Mrs. Kanayo Awani, Managing Director, Afreximbank intra-African commercial initiative and the Managing Director of BNDE Abdoulaye NIANE signed Wednesday, June 7, 2023, in Dakar an agreement for an amount of €20m or FCFA13.119bn.A third line of credit will support BNDE...

#BNDE#Kanayo Awani

Lebanese Credit Insurer launches credit insurance program with ASKIA...

...the Lebanese Credit Insurer’s servicing arm, has completed the implementation of tailored trade... (more…)

#trade credit insurance


New reverse factoring platform for SMEs in Senegal

In Senegal, small and medium-sized enterprises (SMEs) and very small enterprises (TPE) now have at their disposal an alternative financing…

#alternative financing#credit risk#invoice


Afreximbank to finance agricultural leasing company

Dual tranche facility to operate in part on factoring terms (more…)

#bank#exporters#receivables

BNP Paribas starts factoring in Senegal

Bank for Trade and Industry of Senegal (BICIS), a subsidiary of BNP Paribas, launches factoring. (more…)

#bank#economy#smes

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