Stanbic Bank partners KNCCI to provide financial and non-financial support to MSMEs
KENYA – Stanbic Bank Kenya and the Kenya National Chamber of Commerce and Industry (KNCCI) have...
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Tag: MSMEs
IDA finances SAFER project to improve access to finance for MSMEs in Kenya
KENYA – The Supporting Access to Finance and Enterprise Recovery (SAFER) project, financed...
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KEPSA receives US$19,362 from NSE to provide MSMEs with loan financing
KENYA – The Kenya Private Sector Alliance (KEPSA) has received KSh2.2 million (US$19,362)...
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FMO and Sidian Bank partner to support MSMEs affected by Covid-19 in Kenya
KENYA – Dutch development bank FMO and Kenya’s Sidian Bank, have announced the signing of a US$15...
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Fintech Zanifu gets US$1m funding to bridge MSME financing gap, eyes Ghana, Uganda expansion
KENYA – Zanifu, a Kenyan fintech is set to upgrade its platform and grow the number of micro,...
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Verdant Capital and KfW establish new fund to support MSME growth in Africa
AFRICA – Verdant Capital Hybrid Fund (VCHF) has reached its first closing with committed...
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Salaam Somali Bank commits US$4m to the best and brightest young entrepreneurs in Somalia
SOMALIA – Salaam Somali Bank, the first privately-owned bank in Somalia, has announced plans...
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IFC partners Equity BCDC to help MSMEs access local currency financing
DRC – International Finance Corporation (IFC), a member of the World Bank, has partnered...
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Equity Bank gets US$45.5m guarantee facilities from Proparco to support MSMEs
KENYA – French development finance institution Proparco, has granted Equity Bank two guarantee...
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The Egyptian-Saudi Joint Committee launches website to support MSMEs
EGYPT – The Egyptian-Saudi Joint Committee for the Development of Micro, Small, and Medium...
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Access Bank launches DBA to increase its digital loans for young entrepreneurs
NIGERIA – Access Bank has launched the Diamond Business Advantage (DBA) lite, in a bid to...
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Absa secures US$50m risk sharing facility from CDC Group to supports MSMEs
SOUTH AFRICA – Absa Bank, South Africa’s third-largest bank by assets, will receive...
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