The Manufacturers Association of Nigeria (MAN) has commended the removal of Nigeria from the Financial Action Task Force (FATF) grey list, describing it as a major boost for the country’s …
Trade Finance
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BusinessEconomyFinanceGOVERNMENTINVESTMENTManufacturing
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BankingDigital EconomyEastern AfricaFinanceSMEsTrade
CIB Kenya targets SMEs with digital banking and trade finance expansion
Commercial International Bank (CIB) Kenya is setting its sights on reshaping the country’s banking landscape through a digital-first approach and innovative lending models that focus on small businesses and regional …
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BankingBusinessCorporate AffairsEconomic PolicyFinanceINVESTMENTNigeriaTradeTrade & Investment,
Stanbic IBTC Bank Wins Best Cash Management
Stanbic IBTC Bank has received top honours at the Cosmopolitan The Daily Business Awards, securing two prestigious titles — Best Cash Management Bank in Nigeria and Best Trade Finance Bank …
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AgricultureBusiness InsightsTrade & Investment,
Family Bank Gets $20m from UK Investor to Boost SME Trade Loans
Family Bank of Kenya has received a major financial boost of $20 million (approximately Sh2.6 billion) from British International Investment (BII), a UK-based development finance institution. The funding is aimed …
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AfricaBanking, Finance & InvestmentDevelopmentEconomyFinance & ServicesPoliciesTrade and Commerce
Afreximbank flags fresh threats to Africa’s growth
The Senior Executive Vice President of the African Export-Import Bank (Afreximbank), Denys Denya, has warned that new threats are emerging against Africa’s development and economic independence, similar to the resistance …
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Digital EconomyEconomyFinance & ServicesInfrastructureINVESTMENTTrade and Commerce
AfCFTA Targets $712 Billion Digital Trade Market
Africa is preparing to enter a new phase of digital transformation through the African Continental Free Trade Area (AfCFTA), aiming to access a digital trade market worth $712 billion by …
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AfricaBanking, Finance & InvestmentBusiness InsightsEconomyFinance & ServicesGhanaNigeriaTrade and CommerceWestern Africa
Rand Merchant Bank Backs Tinubu’s Economic Reforms, Eyes Growth in West African Trade
Corporate and investment banking firm Rand Merchant Bank (RMB) Nigeria has declared its support for President Bola Tinubu’s economic reforms, saying they are crucial for stimulating trade and investment across …
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AfricaDangote IndustriesEnergyFinance & ServicesInfrastructureSpotlightTrade and Commerce
Afreximbank Launches $3bn Credit Line to Support Fuel Imports Across Africa, Caribbean
The African Export-Import Bank (Afreximbank) has launched a $3 billion revolving credit facility to help buyers across Nigeria, Africa, and the Caribbean access refined petroleum products from within the continent. …
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BusinessEnergyFinance & ServicesInsuranceINVESTMENTNigeriaWestern Africa
AfrexInsure Partners with Oando to Strengthen Investment Protection
AfrexInsure, the speciality insurance subsidiary of the African Export-Import Bank (Afreximbank), has onboarded Oando Plc as a strategic partner to protect the bank’s investment in Oando’s operations in Nigeria through …