Day: 19 September 2024

DP WORLD TRADE FINANCE AND NEDBANK PARTNER TO DELIVER WORKING CAPITAL SOLUTIONS ACROSS SUB-SAHARAN AFRICA

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Partnership includes a supply chain finance program for DP World suppliers in the region, with Nedbank as the financer Risk sharing/co-lending initiatives to increase overall credit available for clients in SSA Businesses across sub-Saharan Africa that face working capital challenges, stand to benefit from a new partnership between DP World Trade Finance and Nedbank Corporate and Investment Bank (“Nedbank CIB”). The partnership includes initiatives in supply chain finance for DP World’s suppliers in sub-Saharan Africa (SSA) and a risk-sharing agreement to enhance the trade finance availability to businesses across the…

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PayRetailers expands further into Africa, boosting financial inclusion across eight additional key markets

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The company offers a unified simple payment solution that will be a game changer for cross-border online merchants looking at Africa as their next move for strategic growth Expansion includes Burkina Faso, Cameroon, Kenya, Ivory Coast, Ghana, Senegal, South Africa, Nigeria; Leveraging success in Latin America to provide underbanked populations in Africa with efficient payment functions.  PayRetailers, the leading payment processor for Latin America, has today announced further expansion into Africa. With coverage now across 12 countries, the company offers a unified simple payment solution that will be a game…

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2nd AfDB Transport Forum: Shaping the Future of Transport in Africa

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From September 18 to 20, Abidjan becomes the hub of transport infrastructure development in Africa with the second Transport Forum of the African Development Bank (AfDB) under the theme: “Africa on the Move – Accelerating Sustainable Transport and Logistics Connectivity.” Inaugurated by Amadou Koné, Ivorian Minister of Transport, and Bajabulile Swazi Tshabalala, First Vice President of the AfDB, this event marks a significant moment as the Bank strengthens its commitment to transport infrastructure. In 2023, the AfDB allocated $2.49 billion to transport projects on the continent, a notable increase of…

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