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Found 12 results in 718 milliseconds.

Banque Misr receives USD 130 mln of credit from African Development Bank

News | Payments General | 15 Nov 2022

The African Development Bank has loaned the Egyptian state-owned Banque Misr a USD 130 million line of credit.

banks, fintech, SMEs, startup, digitalisation

African Development Bank funds Guinea-Bissau with USD 30 mln

News | Payments General | 31 Jan 2022

African Development Bank has announced a financial package of USD 30 million dollars to the West African nation of Guinea -Bissau.

trade finance, supply chain finance, funding, COVID-19

AfDB launches Transaction Guarantee for trade transactions in Africa

News | E-invoicing, SCF & E-procurement | 02 Aug 2021

The African Development Bank, through its Financial Sector Development's Trade Finance operations, has launched a Transaction Guarantee instrument, according to Devdiscourse.

trade finance, banks, SMEs

AfDB signs USD 250 mln agreement with ABSA bank

News | E-invoicing, SCF & E-procurement | 19 Nov 2019

The African Development Bank (AfDB) has signed an unfunded USD 250-million Risk Participation Agreement (RPA) facility with ABSA bank.

The African Development Bank, AfDB, Absa Bank, Risk Participation Agreement, trade finance, African Issuing Banks, Africa, RPA programme, Africa Investment Form

PayU launches payment operations in Kenya

News | Online Payments | 12 Jun 2019

PayU has announced the launch of a payment service for the East Africa region, to help accelerating the digital payment market in the region.

PayU, payments , Kenya, Africa, Cellulant

AfDB, Natixis sign USD 50 mln agreement to boost trade finance in Africa

News | E-invoicing, SCF & E-procurement | 01 May 2019

The African Development Bank has signed a USD 50 mln risk participation agreement with investment and corporate bank Natixis.

The African Development Bank, Natixis, agreement, partnership, Africa, France, trade finance, investment bank

African Development Bank sponsors Nigeria for African Trade Insurance Agency

News | E-invoicing, SCF & E-procurement | 10 Jan 2019

The African Development Bank Group has approved a USD 14.12 mln facility to support Nigeria’s membership in the African Trade Insurance Agency.

African Development Bank, African Trade Insurance Agency, Nigeria, trade finance, financing

African Development Bank to launch trade finance e-learning programme

News | E-invoicing, SCF & E-procurement | 30 Oct 2018

African Development Bank along with ITFC and ICC have announced launching a joint AfDB-ITFC trade finance e-learning programme for financial institutions.

African Development Bank, International Chamber of Commerce, International Islamic Trade Finance Corporation, Africa, trade finance, AfDB-ITFC trade finance, e-learning programme

African Public Procurement heads sign digital revolution declaration

News | E-invoicing, SCF & E-procurement | 09 Oct 2018

Thirteen Public Procurement Regulatory Authorities from Africa have committed to improve public procurement processes in their respective countries

African Public Procurement, Africa, e-procurement, public procurement, American Development Bank, African Development Bank, World Bank Group, The Asian Development Bank, the Caribbean Development Bank, the Inter-American Network on Government Procurement

AfDB boosts Afreximbanks trade finance budget with USD 900 mln

News | E-invoicing, SCF & E-procurement | 30 Jul 2018

The African Development Bank has provided trade finance lines of credit of USD 900 million as support for Afreximbank’s trade finance activities.

AfDB, The African Development Bank, Afreximbank, trade finance, African Continental Free Trade, African Export-Import Ban

AFDB approves USD 50 mln Risk Participation Agreement for Commerzbank

News | E-invoicing, SCF & E-procurement | 12 Apr 2018

The African Development Bank has approved a USD 50 million unfunded Risk Participation Agreement for Commerzbank.

The African Development Bank, Commerzbank, Risk Participation Agreement, trade finance, Africa

Africa: intra-regional trade to boost ecommerce growth

News | Ecommerce | 19 Aug 2014

The countries of Africa undergo nearly 23% of their cross-border trade, according to the “Africa Payments: Insights into African transaction flows” report issued by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), ventures-africa.com reports.

Africa, intra-regional, trade, cross-border, ecommerce, growth, online sales, online payments, money transactions