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EU to facilitate financing for small businesses in Africa and the European Neighbourhood

The European Commission makes available €4.2 million under the External Investment Plan to help banks in Africa and the European Neighbourhood to better assist underfinanced sectors such as small businesses, including young entrepreneurs and women. Commissioner for International Cooperation and Development, Neven Mimica, is signing this support agreement today in …

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The Convergence Of Trade Finance And Trade Credit Insurance

While use of trade finance continues to climb, the International Chamber of Commerce‘s Banking Commission has warned the financial services market that small and medium-sized business (SMB) access to trade finance is disproportionately low, as large financial institutions (FIs) pull back from the SMB borrower segment. Despite the recent surge in alternative finance …

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Amazon’s Big SMB Focus In 2019

Small to medium-size businesses (SMBs) drive the sales of more than half of all units sold on Amazon, and today (April 9), the eCommerce giant announced that it has launched 50 new tools and services since the start of the year to help more of them sell even more. Amazon, in …

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Ramaphosa to launch SA SME Fund in Johannesburg

JOHANNESBURG – President Cyril Ramaphosa will launch the Business Leadership South Africa (BLSA) Connect and SA SME CEO Fund Circle in Johannesburg, the presidency said. “Business Leadership South Africa Connect is an online trading platform that will give registered small, medium and micro enterprises (SMMEs) access to supply chain opportunities …

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