Tag: Trade finance

AfDB approves $60 million trade facility for Equity Bank to support SMEs

At a Glance The African Development Bank Group has approved a $60 million trade finance facility for Equity Bank Kenya, stepping up support for small and medium-sized enterprises as access to credit remains strained across East Africa.  For many Kenyan businesses, especially import-dependent SMEs, higher global prices, currency swings and tighter lending conditions have made it harder to finance day-to-day…

Oluwatosin Alao Oluwatosin Alao

ICIEC and Afreximbank forge deal to deepen Arab–Africa commerce

At a Glance Arab–Africa trade is gaining fresh attention as two major multilateral lenders deepen cooperation aimed at easing financing gaps, reducing market risk and helping businesses operate more confidently across borders. The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and the African Export-Import Bank (Afreximbank) have signed a new agreement that broadens their collaboration at…

Oluwatosin Alao Oluwatosin Alao

Top 10 notable banks in Seychelles

Seychelles’ banking sector blends state-owned, regional, and global banks, driving infrastructure, trade, and financial inclusion across the island nation.

Feyisayo Ajayi Feyisayo Ajayi