Gainmore Zanamwe — Senior Manager in the African Export-Import Bank (Afreximbank) told that the bank will launch a development financing programme for the benefit of all African countries by providing credit facilities worth $6bn. He added that the programme aims to finance food and commodities, as well as fertilisers, with...

The African Guarantee Fund Group and BGFIBank Group signed in Libreville, a portfolio guarantee line for a total amount of 50 million Euros, intended to cover credits allocated to SMEs. This new agreement will enable the BGFIBank Group, which is present in several financial sectors and has a strong pan-African...

Africa Finance Corporation (AFC), a multilateral institution specializing in infrastructure financing in Africa, announced in a May 12 statement the launch of a $2 billion lending facility to support post-covid economic recovery and resilience on the continent. The facility will be disbursed through AFC loans to commercial banks, regional development...

The continually growing credit funds provide financing formulas likely to widen the range of possibilities offered to SMEs on the continent. It is a flexible and tailor-made approach which, far from competing with traditional bank financing, could on the contrary complement it, argues financier Sidoine Viagbo.     By Sidoine Viagbo, Deputy...

Boasting a rich experience in development aid, tunisian Ouafa Belgacem is working on mobilizing financial resources for CCIs in Africa and the MENA region, through her dedicated structure Culture Funding Watch. Interview.  How did you get to the management and financing of cultural projects in Africa?  I was not at...

The operational and financial success of African start-ups is still overwhelmingly concentrated in a few countries. That situation is far from being inevitable, Ali Mnif, Digital Africa's Chief Investment Officer says, as he put forward proposals to support his point.  By Ali Mnif* Nigeria, Kenya, Egypt and South Africa currently account...

In sub-Saharan Africa, 45 percent of women lack official identification, and 37 percent have a bank account (compared with 48 percent of men). Similarly, women very often have little capital to start their business and are less likely to benefit from private investment capital. Banks require collateral that women often...

Long considered the cereal granary of the West African sub-region in the early 1980s, Togo was hit hard by European Union economic sanctions in 2002 following a political crisis, which slowed down the agricultural sector. Today, the country's authorities are betting everything on this vital sector for the national economy....