African Export-Import Bank (Afreximbank) on 31 March 2020 released its audited financial statements for the year ended 31 December 2020, showing strong and resilient growth, with total comprehensive income of… read more →
Singapore – Standard Chartered has launched a suite of sustainable trade finance solutions across Asia, Africa and the Middle East, Europe and the Americas. The Bank’s new Sustainable Trade Finance… read more →
African trade finance literature is often trusted by SMEs and usually omits domestic financial institutional challenges, especially in the Francophone markets.
As Africa enters a revolutionary period of intra-continental trade, factoring will be crucial to the growth of MSMEs.
There are several indicators to suggest that commodity markets, especially oil, gas, and metals, will continue to boom over 2021, which will have important implications for Africa’s extractive sectors and trade.
Cairo, 15 March 2021: – African Export-Import Bank (Afreximbank), the Pan-African multilateral EXIM Bank, announces the signing of a 7-year US$350 Million Term Loan Facility to provide financing to OCP… read more →
The UK has signed a £1.2bn trade partnership agreement with Ghana promising tariff-free trade. The terms of the economic partnership agreement reinstate the two sides when the UK was part of the EU.
The ECOWAS Bank for Investment and Development (EBID) has granted a 10 million euro credit line to Vista Bank Guinea to support the financing and promotion of SMEs in the Republic of Guinea.
The Eastern and Southern African Trade and Development Bank (TDB) and Power Bank (PB) have signed a cooperation agreement to collaborate in the financing of energy solutions across the MENA… read more →
Your Monday morning coffee briefing from TFG. Thousands strike in Myanmar following military coup. South Africa halt rollout of AstraZeneca vaccine over concerns about new strain. Oil prices return to pre-pandemic levels.
