SME Finance & Leasing News

Factoring and Credit Insurance Seen as Key for SME Growth and Regional Integration

Innovative financial solutions like factoring and credit insurance offer keys to the growth of small and medium-sized enterprises (SMEs) in Africa and can enhance regional integration.

Sudan: First Vice President Lauds Savings Bank's Role in Funding Graduates

First Vice President of the Republic and National Prime Minister Lt. Gen. Bakri Hassan Saleh has praised the role played by the Savings and Social Development Bank in social development and the provision of funding for graduate projects.

Proparco and FMO commit USD 30 million to Banque Populaire du Rwanda

Proparco and FMO, respectively the French and Dutch Development Finance Institutions, signed a USD 30 million loan to Banque Populaire du Rwanda (BPR), with both providing USD 15 million each.

Kenya: Bankers Call for Removal of Interest Rate Caps

Kenyan banks seek repeal of interest rate caps

Rwanda: Development Bank Avails Fresh U.S.$700 Million in Credit

Development Bank of Rwanda avails $700 Million accessible to small and medium entrepreneurs through commercial banks, savings and credit cooperatives.

Ethiopian Companies to Benefit From EIB Backing for U.S.$100m Private Equity Fund

The European Investment Bank (EIB) will support private equity investment across Ethiopia though support for the new USD 100m Cepheus Growth Capital Fund.

Namibia: Development Bank Opens Doors to SMEs

Development Bank of Namibia (DBN) CEO Martin Inkumbi has announced that the bank will resume financing SMEs. The announcement follows in the wake of the suspension of the operations of the SME Bank.

Zimbabwe: Women's Empowerment Bank Ready to Roll

The setting up of Women Empowerment Bank is at an advanced stage with the bank's chief executive officer already appointed to kick start the financial institution's operations before year-end.

Uganda: Kenyan Banker Tips BOU On Key Interest Rates

If monetary policy signals enforced by the Bank of Uganda are not being felt within the market, that means financial inclusion initiatives are not yet successful, the former governor of the Central Bank of Kenya has said.

Zimbabwe: Women's Bank Up By September

The setting up of a women's bank that will provide financial support to small and medium enterprises run by women is now at an advanced stage, a Cabinet minister has said.

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