Trade Finance
British International Investment (BII) has recently formalised a substantial agreement to establish a $150 million trade liquidity program in collaboration with South Africa's Absa Group. This strategic initiative is timely as African economies strive to transition from a reliance primarily on the export of unprocessed natural resources to
Trade Finance
The African Development Bank (AfDB) and Banque Centrale Populaire (BCP) have agreed on a $70 million risk-sharing agreement (RSA) to provide trade financing for the private sector across Africa. This agreement will address the urgent trade financing needs for small and medium-sized enterprises (SMEs) across the continent by limiting the
Trade Finance
Trade Finance
Africa Finance Corporation(AFC) the private sector-led infrastructure investment solution provider and International Islamic Trade Finance Corporation (ITFC) are to provide a $250 million Sharia-compliant trade loan facility to Egypt. Why is this important: Egypt was Africa Finance Corporation's first North African sovereign shareholder, but the country has