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DP World Trade Finance reshapes global trade finance map

DP World Trade Finance has mobilised over US$1bn in working capital for businesses across emerging markets, helping close the global trade finance gap and keep goods moving through some of the world’s most challenging economic environments. This milestone was achieved...

#access to capital#DP World#International Trade

China Systems and Nedbank of South Africa launch SCF...

China Systems (CS), a global leading trade and supply chain finance (SCF) software provider, and Nedbank, one of South Africa’s…

#China Systems#Nedbank#scf


DP World and Nedbank partner to boost trade financing...

Businesses across sub-Saharan Africa that face working capital challenges, stand to benefit from a new partnership between DP World Trade…

#DP World#Nedbank#trade finance


Addax Energy closes US195m trade finance facility to support...

Addax Energy SA has announced the closing of its inaugural committed unsecured Revolving Credit Facility (the “Inaugural RCF” or the “Facility”) totaling…

#bank#ING#international


South African factoring volume increases 19% in 2020

South Africa has eight major specialist debtor financiers and approximately 30 privately owned debtor financiers, said Nompumelelo KarumbidzaNational Manager: Sales –…

#invoice#management#Nedbank


COCOBOD signes pre-export receivables backed trade finance facility of...

On behalf of Ghana Cocoa Board (the “Borrower” or “COCOBOD”), Coöperatieve Rabobank U.A (“Rabobank”), Industrial and ... (more…)

#bank#Deutsche Bank#international


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


Afreximbank expands Trade Finance Intermediary Initiative

During 2020, the African Export-Import Bank (Afreximbank) has increased the number of its ... (more…)

#bank#exporters#international


Regulatory review could boost SME funding, says Absa

Absa has asked the Black Business Council to lobby the government about... (more…)

#bank#management#Nedbank


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


African uranium producer receives USD20 million working capital facility

African uranium producer gets additional finance to cope with the collapse of market prices.. (more…)

#bank#cash-flow#Nedbank


On SME use of invoice discounting in SA

Following the survey by Business Partners, which indicates that SME confidence is growing in SA, David Cory comments on the…

#assignment#bank#invoice

First Strut collapse leaves Nedbank exposed

Nedbank said it advanced R240m to First Strut, which collapsed last month after the murder of its chairman. (more…)

#bank#Nedbank

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