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Tags archive: SMEs

Home /Tag: SMEs
Financial Services

Hlayisani Capital hits close of first SMEs-focused fund at US$24m

February 25, 2021 0

SOUTH AFRICA - Hlayisani Capital, a manager of private equity and venture capital funds targeting high-growth opportunities in South Africa and the rest of sub-Saharan…

Financial Services

Kenya’s Faulu Bank allocates US$27.4m for SME lending to spur growth

February 24, 2021 0

KENYA - Faulu Microfinance Bank Limited of Kenya has declared plans to lend up to US$27.4 million to micro, small and medium enterprises (SMEs)  agribusiness…

Financial Services

Standard Bank bags global award for SME Covid-19 crisis relief effort

February 20, 2021 0

SOUTH AFRICA - Standard Bank has been recognised as among the top banks globally in its efforts to support and provide relief to its small…

Financial Services

Diamond Trust Bank (K) commits US$14.6m for Covid-19 recovery loans for SMEs

February 17, 2021 0

KENYA - Diamond Trust Bank Kenya (DTB), will lend at least US$14.6 million to Micro, Small, and Medium Enterprises (MSMEs) this year to aid in…

Financial Services

Co-operative Bank of Kenya to get US$15m Swedfund loan for SMEs support

February 17, 2021 0

KENYA - The Co-operative Bank of Kenya (Co-op Bank), which is the fourth-largest bank in Kenya by assets, will benefit from a long-term syndicated loan…

DealStreet Africa

AFAWA, AGF invest US$2bn in women-owned SMEs through de-risking and technical assistance measures

February 13, 2021 0

AFRICA - The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) program has partnered with the African Guarantee Fund (AGF) to provide…

Financial Services

Absa Bank Kenya marks one year anniversary, pledges more support for SMEs

February 11, 2021 0

KENYA - Absa Bank Kenya yesterday celebrated its one-year anniversary in the Kenyan market with a commitment to significantly invest towards transforming customer experience. The…

DealStreet Africa

Ecobank Nigeria secures US$126m10-Year bilateral subordinated loan for SMEs

January 26, 2021 0

NIGERIA - Ecobank Transnational Incorporated, the parent company of the Ecobank Group, has announced that one of its significant subsidiaries, Ecobank Nigeria, secured N50 billion…

DealStreet Africa

South Africa’s Sirius Real Estate to acquire Sigma Technopark in Augsburg for US$97m

January 26, 2021 0

SOUTH AFRICA - SIRIUS Real Estate, which owns business parks in Germany, and Titanium, the joint venture between Sirius Real Estate and AXA IM Alts,…

Financial Services

Co-operative Bank of Kenya secures US$75m loan from IFC for SME lending

January 19, 2021 0

KENYA – International Finance Corporation (IFC), the private sector arm of the World Bank has given Co-operative Bank of Kenya US$75 million loan for onward lending…

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