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South Africa

Saudi Arabia embraces e-invoicing to fight ‘hidden’ economy

In order to reduce shadow economy transactions and promote fair ... (more…)

#Access to Finance#digital#digital transformation

ECIC expands offering for South African exports to Africa

The South African Export Credit Insurance Corporation (ECIC) product offerings will be expanded... (more…)

#export credit insurance#exporters#exports


Absa and Addendum Financial Services processed more than 20,000...

Absa in collaboration with Addendum Financial Services (Addendum) provides... (more…)

#ABSA#supply chain finance


David Cory to retire this month

David Cory is retiring this month after more than 20 years in the South African... (more…)

#international#invoice#management


Tradeshift partners with Raindew for new supplier payment scheme    

Tradeshift, which works in supply chain payments and marketplaces, has teamed with... (more…)

#Tradeshift


Ninety One launches US$600m fund for South African firms...

British asset management company, Ninety One has embarked on an impact investment initiative... (more…)

#bonds#COVID-19#management


First South African Bank to join Marco Polo Network

The Marco Polo Network and Standard Bank Group announced that Standard Bank has joined the Marco Polo Network... (more…)

#bank#blockchain#ING


South African invoice financier to offer R1bn (US$71m) to...

...a fintech specialized on invoice finance, member of the South African SME Finance Association... (more…)

#bank#bank loan#international


South African bank to invest in working capital SMEs...

South African challenger bank Sasfin has moved to boost its SME business by buying a stake in local digital lending…

#bank#payment terms#smes


SME confidence on the rise despite challenging economy in...

Against a challenging economic background, broad small business confidence indicators have exhibited... (more…)

#Access to Finance#cash-flow#small business


South African firm and blockchain platform team up for...

OrganiMark, a South Africa-based value chain engineering company, has teamed with blockchain platform... (more…)

#blockchain#trade

South African firm’s acquisition of UK asset-based lender gets...

A court has approved ...’s ZAR 20bn (£1.1bn) acquisition of UK-based specialist lender ..., with the expectation that ... (more…)

#Aldermore#asset-based lender#bank

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