Browsing: Trade Finance

The European Bank for Reconstruction and Development has granted Bank of Africa-Benin a US$20 million trade finance line to support Benin’s import-export activity and strengthen private sector development.

African financial institutions have demonstrated resilience in the years following the Covid-19 pandemic, although significant challenges remain, according to the African Development Bank’s 2025 Trade Finance Report.

A new collaboration between UBA and BII targets $80bn financing gap holding back African trade.

New platform, ADAPT, aims to modernize cross-border trade, cut costs and support full AfCFTA integration by 2035.

Nigerian startup Supplya enables SMEs to buy consumer goods from manufacturers, cutting out intermediaries and offering interest-free credit.

Pan-African trade-finance startup REasy secures backing from Launch Africa, Ingressive Capital, 54 Collective and others; co-designs BEAC FX framework for small importers.

Afreximbank and ITC have renewed and broadened their MoU, reinforcing a joint agenda to strengthen intra-African trade.

South Africa secures cabinet approval to join Afreximbank as a Class A member, aiming for expanded trade finance access and governance influence.

Led by George Wilson, the ARM African Trade Finance Fund will mobilize institutional capital to support underserved African businesses.

Liquify completes oversubscribed funding led by Future Africa fuels expansion of digital invoice financing across Sub Saharan Africa.