29 results
- 1 Apr 2024
Afreximbank, Sterling to Offer Supply Chain Finance in Nigeria
African Export-Import Bank (Afreximbank) has partnered with Sterling Bank to introduce ‘Payables Finance’, a supply chain finance product in Nigeria. This product, branded as ‘Afreximbank Tradelink,’…
- 29 Apr 2026
IFC, Standard Chartered Partner on Supply Chain Finance to Support African Businesses
The World Bank Group, through its private sector arm – the International Finance Corporation (IFC) – and Standard Chartered today announced a new risk sharing facility aimed at strengthening supply…
- 1 Jul 2020
IFC, Citi Create $800 Million Facility to Boost Trade Finance in Emerging Markets
IFC, a member of the World Bank Group, and Citi have established an $800 million facility to facilitate trade finance in emerging markets, supporting trade flows in developing countries and helping…
- 15 Jul 2021
CDC Group Announces US$50m Trade Finance Facility with Ecobank as Part of its Covid-19 Response
CDC Group announces US$50m trade finance facility with Ecobank as part of its Covid-19 response. CDC Group, the UK’s Development Finance Institution and impact investor, has announced a US$50 million…
- 22 Nov 2017
Linkifin to provide Supply Chain Financial Solution in West Africa
Linkifin, a leading financial technology company in Nigeria, announces a new partnership with the South African company Propell. This partnership is part of Linkifin’s International…
- 20 Mar 2026
UBA UK, BII Sign Letter of Intent to Slash Africa’s $80Bn Trade Finance Gap
United Bank for Africa (UK) Limited (“UBA UK”) and British International Investment plc (“BII”), the UK’s development finance institution and impact investor, today announced that they have signed a…
- 28 Jun 2024
IFC Partners Deutsche Bank to Boost Trade Finance in Africa with a Focus on Small, Fragile
To help provide vital financing to importers and exporters of essential goods in Africa, especially in small, fragile, and conflict-affected states, IFC announced a risk-sharing facility with…
- 31 Aug 2020
Union Systems Launches Optimus, Nigeria’s First Multibank Trade Finance Portal
Union Systems Limited, a leading financial technology company, has announced the launch of its new product, Optimus, the first multibank international trade finance portal in Nigeria. Optimus enables…
- 14 Jul 2020
TradeDepot Secures Additional $10M to Transform Informal Retail Supply Chain in Nigeria
TradeDepot, the B2B eCommerce platform for consumer goods in Africa, has raised a further $10 million in a pre-Series B equity round co-led by Partech, International Finance Corporation, Women…
- 12 Mar 2021
Ecobank Reiterates Interest in Export Trade
Ecobank has reiterated that it remains the partner of choice in Africa for export trade because of its unique positioning, wide network, pan African payment switch, settlement capabilities,…
- 23 Jul 2018
IFC, Citibank Provide $1.2B to Support Trade in Emerging Markets
IFC and Citi announced yesterday the signing of a $1.2 billion risk-sharing facility to help stimulate the growth of trade in emerging markets and to support economic development. This initiative…
- 15 Jul 2019
IFC, Citibank Provide $1.2 Billion to Support Trade in Emerging Markets
IFC, a member of the World Bank Group, and Citi announced the signing of a $1.2 billion risk-sharing facility to help stimulate the growth of trade in emerging markets and to support economic…
- 10 Jun 2026
Fidelity Bank Reaffirms Support for MSMEs, Drives Growth Agenda at SME Forum
Fidelity Bank Plc, leading financial institution, has reaffirmed its commitment to advancing the growth and sustainability of Micro, Small and Medium-scale Enterprises (MSMEs), positioning itself as…
- 15 Feb 2021
WTO: LCCI Tasks Africa on Global Trade Opportunities Under Okonjo-Iweala
The Lagos Chamber of Commerce and Industry (LCCI) has urged African governments to shore up their capacity for international competitiveness to fully harness the opportunities offered by the World…
- 9 Dec 2025
Financial Sector Faced AI, Blockchain and Organised Crime Threats in 2025 - Report
The 2025 Kaspersky Security Bulletin provides a review of the major cybersecurity trends of the year and offers a look towards the future of cybersecurity, including within the financial sector.…
- 19 Mar 2026
Nigeria, UK Sign £746M Landmark Ports Deal
Thousands of skilled UK and Nigerian jobs will be supported and hundreds of millions invested into the economy as a historic financing deal was signed yesterday between the UK and Nigeria. The £746…
- 31 Mar 2026
Ouranos Technologies Strengthens Board with Key Leadership Appointments
Ouranos Technologies Limited has announced the appointment of Mr. Tajudeen Ahmed as Chairman of the Board of Directors, effective 1 January 2026. Ouranos Technologies is an enterprise technology…
- 27 Mar 2020
AfDB Launches Record Breaking $3 billion “Fight COVID-19” Social Bond
The African Development Bank (AfDB) has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods and…
- 23 Jan 2023
AFEX Expands Operations to Uganda, Appoints Group CEO Others
AFEX, Africa’s leading commodities exchange and commodities market player, has announced its expansion into Uganda, seven months after it first entered the East African continent. Similar to Kenya…
- 2 Sept 2014
Diamond Bank, DHL to Create Logistics Solutions for Businesses
Diamond Bank Plc, Nigeria’s leading retail Bank, has entered into partnership with DHL Global Forwarding to ease financial and logistics burden faced by manufacturers and businesses during…
- 24 Nov 2017
True innovation-led business transformation starts in the cloud- SAP
By peter oluka No matter your industry sector or geographic location, all businesses today have one overriding thing in common: to be successful and sustainable you must be digital. While the rewards…
- 3 Dec 2017
True Innovation-led Business Transformation Starts in the Cloud- SAP
Pedro Guerreiro, managing director, SAP, West Africa, has said a cloud platform enables companies to achieve business agility, create a truly integrated and optimized enterprise, and accelerate…
- 6 Nov 2020
Cars45 Reaffirms Commitment to Enabling Trade within Nigeria's Automotive Industry
Cars45, Nigeria's leading tech-enabled automotive trading platform has reiterated its commitment to enabling trade within Nigeria’s automotive industry as well as defining the future of automotive…
- 31 Jan 2023
AFEX Releases Annual Commodity Outlook for 2023, Predicts a Decline in Production of Grain Commodities
Nigeria’s commodities market player, AFEX, unveiled its Annual Commodities Outlook report for 2023 in a virtual event on Tuesday, forecasting that the impact of flooding, devaluation of the naira,…
- 4 Oct 2020
Group Set to Host National Dialogue on Taxation and Developing the Non-oil Sectors
The Telecommunication and Technology Sustainability Working Group (TTSWG) will host an industry conversation addressing the country's economic recovery and sustainability of organizations from a tax…
- 6 Dec 2021
Heritage Bank Sets to Expand Wheat Production with Disbursement of N14Bn to Farmers in 14 States
Heritage Bank Plc in partnership with the Central Bank of Nigeria has set up plans to disburse a whopping sum of N41billion to farmers from 14 states for the expansion of wheat production project.…
- 14 Aug 2019
e-Logistics Start-up Kobo360 Secures $30M Funding
Kobo360, the digital technology platform disrupting African third-party logistics, today announced the completion of a $20M Series A equity round led by Goldman Sachs, with participation from Asia…
- 23 Jun 2022
AFEX Expands Operations to Kenya
AFEX, Nigeria’s commodities exchange and commodities market player, announces its expansion into Kenya, following a successful pilot phase in the most diversified economy in East Africa. As part of…
- 26 Jun 2020
Subdued Hit from COVID-19, Subdued Rebound Too
By Gregory Kronsten The impact of COVID-19 on output in Nigeria is likely to be less severe than on many comparable economies. The IMF’s World Economic Outlook in April saw GDP contraction of -3.4…