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South Africa

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


IFC extends US$61.8m finance for SME lending in South...

IFC, a member of the World Bank Group, has announced that it will extend a seven-year ZAR 740 million (US$61.8m)…

#SME lending


South African financial services company makes a new acquisition...

...announced that it has acquired..., a South African-based asset management firm specialising in investments that span domestic and global asset…

#acquisition#bank#financial services


South African bank to implement SCF and trade finance...

one of South Africa’s major banking groups, offering the full range of wholesale and retail banking services through a growing…

#Nedbank


South African bank names new SCF head

...has been appointed as the head of trade and supply chain finance sales for South Africa at... (more…)

#bank#management#supply chain finance


SA SMEs expect 2017 growth

South African SMES have stated that they believe 2017 will bring more growth to their businesses compared to... (more…)

#business finance#economy#funding


Cactus Advisors invests in two African fintech firms

Cactus Advisors, a multi-disciplinary business advisory firm based in Cape Town, announced the closing of its second and third investments…

#API#banks#digital


South African Debtor Finance Statistics released

The Banking Association of South Africa has released the Debtor Finance Statistics for 2015... (more…)

#exports#i#invoice


First National Bank introduces new invoice discounting facility

First National Bank (FNB), South Africa, has given SMEs struggling to pay their taxes a major boost by introducing a…

#bank#invoice#late payment


South African debtor finance statistics published

Banking association reveals member' figures for year 2014 (more…)

#invoice


A fruitful arrangement

Aztec Money talks us through its recent cross border deal with Karu Exporters, in which the client in question, a…

#bank#exporters#international

On Aztec Exchange’s USD23million export receivables finance provision

Oliver Gabbay, Chief Operating Officer at Aztec, reflects on his company's recent cross border transaction with Apex Peak and Karu…

#exporters#platforms#receivables

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