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microfinance

Egypt’s Halan Microfinance to expand operations in Pakistan

Following its acquisition of Advance Microfinance Bank in March last year, Egypt-based fintech Halan Microfinance Bank has announced plans to expand further in Pakistan. The company will invest US$10m, aiming to build a US$500m loan portfolio within five years, reinforcing...

#fintech#Halan Microfinance#microfinance

Qardy and AlKheir Microfinance partner to boost microfinance in...

Egypt’s online lending marketplace Qardy has formed a partnership with AlKheir Microfinance. The collaboration aims to support microbusinesses in Upper…

#AlKheir Microfinance#microfinance#Qardy


Romanian fintech Instant Factoring launches in Spain

Instant Factoring, the fintech specialising in online micro-financing for companies in Romania, is expanding its operations to the Spanish market.…

#alternative financing#fintech#Instant Factoring


Beltone receives regulatory approval to provide factoring services in...

Beltone Financial Holding (Beltone), one of the fastest growing financial institutions in Egypt, announces its consolidated financial and operational results…

#acquisition#digital#financial services


Togo adopts draft bill to help SMEs to access...

Togo’s council of ministers adopted last Monday a uniform draft bill to make invoice finance more accessible in the West…

#cash-flow#financial institutions#invoice


Afreximbank backs Vista Group acquisition of BICIGUI and BICIAB

African Export-Import Bank (Afreximbank) has closed a... (more…)

#bank#Benedict Oramah#financial services


Egypt’s microfinance activity increases to EGP 21.61bn in April...

A report issued by the Financial Regulatory Authority (FRA) revealed that ... (more…)

#microfinance


BM Lease expands into factoring

BM Lease intends to provide different sectors with EGP 2bn in financing during the first quarter of... (more…)

#bank#financial services#funding


Egypt launches TSFE sub-fund for financial services, digital transformation

Egypt's Minister of Planning and Economic Development Hala El-Said has issued a decree to establish the Egypt sub-fund for financial…

#bank#digital#financial services


Egyptian MTI plans to merge e-payment platforms and develop...

M Group for Industry and International Trade (MTI) plans to merge its e-payment platforms... (more…)

#microfinance


Nigeria to establish SME microfinance bank

To support small-scale businesses in Abia state, the state government has disclosed plans to establish a small and medium enterprise…

#bank#business finance#invoice


Irish credit guarantees fall short of target

The Irish government’s credit guarantee scheme has facilitated just €72.5 million of new lending in more than... (more…)

#bank#guarantees#invoice

Scottish Government backed fund supports local SMEs

A Scottish Government backed fund which supports enterprise in Scotland by providing micro finance loans to SMEs has lent... (more…)

#Access to Finance#business finance#funding

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