Monday, October 20, 2025 - 18:40:52
Columbus, United States | 14°C | Few clouds
Columbus, United States | 14°C | Few cloudsLatest
The African Export-Import Bank (Afreximbank) and the International Trade Centre (ITC) have renewed and expanded their memorandum of understanding (MoU), underscoring their commitment to strengthening intra-African trade, small and medium-sized enterprise (SME) competitiveness, and South-South cooperation. The MoU was signed on the sidelines of the recently concluded Intra-African Trade Fair 2025 (IATF2025) by Prof. Benedict […]
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By Noloyiso Mpanza – Executive Lead, Sustainable Finance, Transaction Banking at Standard Bank CIB and Nompilo Mtshali – Executive Head of Documentary Trade & Supply Chain Finance Product at Standard Bank CIB Africa finds itself at a crucial juncture in its path toward development. The continent is facing an unprecedented urgency for robust and resilient […]
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Standard Chartered, a leading international cross-border bank, and British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, announce the signing of a USD350 million risk participation agreement. This facility aims to bolster the trade finance needs of SMEs and corporates across Africa and South Asia and to boost economic growth in […]
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Noloyiso Mpanza: Executive Specialist for Transaction Banking, and Msawenkosi Hlanti Executive Head for Trade Sales, Transaction Banking at Standard Bank Corporate and Investment Banking Many African countries – with South Africa, Kenya, and Nigeria as leaders – are working hard to decarbonise and fulfil their net-zero commitments. This presents a significant opportunity for growing renewable […]
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In 2020, the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA) and the Eastern and Southern African Trade and Development Bank (TDB) signed a first-of-its-kind credit enhancement facility providing a 10-year EUR 359 million guarantee for commercial bank financing extended to TDB for trade finance, with longer tenors and lower interest rates. In December 2023, […]
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The facility, which would finance approximately $175 million of trade over a three-and-a-half-year period, marks the African Development Bank’s fourth private sector intervention in Zimbabwe The Board of Directors of the African Development Bank Group (www.AfDB.org/en) has approved a $25 million trade finance line of credit facility to the Central Africa Building Society of Zimbabwe, […]
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The continent’s largest bank becomes the first African bank to partner with DP World Trade Finance Standard Bank, the largest bank in Africa by assets, has partnered with DP World, a global leader in supply chain solutions, to offer trade finance solutions jointly with DP World Trade Finance. This partnership will help in closing the […]
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During a luncheon ceremony which was held on the 25th of January during the Bankers Association for Finance and Trade (BAFT) Europe Bank to Bank Forum, TDB was announced as this year’s global winner of Global Finance’s ‘Best Bank for Trade Finance in Emerging Markets’. Global Finance selected best trade finance providers based on various criteria […]
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