SME Finance & Leasing News

EIB partners with East African banks on credit facility

A Euro 250 million (Sh27 billion) credit facility has been approved by EIB to companies through local banks

Nigeria's Central Bank floats N30billion AGSME fund

The initiative will enable agric/SMEs access credit at single digit interest.

Rwanda lowers benchmark interest rate

The reduction in benchmark interest rate will motivate lending

Namibia: SME Bank to kick start international banking unit in 2017

This will enhance SMEs international trade

Bank of Sierra Leone launches financial inclusion strategy for MSMEs

The initiative will increase access to financial services for MSMEs

Uganda: BoU cuts benchmark rate to 12 per cent

In a move to spur domestic economic growth amid existing risks, the Bank of Uganda has cut the benchmark lending rate to 12 per cent from 13 per cent respectively.

Malawi: Bank launches SME banking

Access to credit by SMEs will accelerate economic growth of Malawi

Attijariwafa Bank issues 1.5 billion dirham bond

It will finance its expansion in Sub-Saharan Africa and the Maghreb.

Kenya: SME bank receives Sh600m from US Private Equity fund

The funding will improve SMEs' access to finance in Kenya.

Zambia: ZANACO, FSDZ partner on SMEs

The aim of the partnership is to improve banking offers for SMEs

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