SMEs
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News
Zimbabwe advised to benchmark coop and SME regulation with Kenya to enhance financial inclusion and SME formalisation
HARARE, May 28, 2025 –– Zimbabwe’s Cooperative and SME Regulatory Framework could benefit immensely from benchmarking with Kenya’s proven model, a move that would accelerate financial inclusion and the formalisation of Small…
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News
Afreximbank and Ecobank partner to simplify trade and compliance for African businesses
CAIRO, December 24, 2024 — African Export-Import Bank [Afreximbank] and Ecobank Group have embarked on a collaboration aimed at simplifying trade and compliance for businesses in Africa by integrating Ecobank’s Single Market…
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News
AfDB Group to extend facilities worth US$ 200mln and ZAR 3.6bln to Standard Bank Group to increase trade in Africa and support SMEs
PRETORIA, December 13, 2024 — The Board of Directors of the African Development Bank Group [AfDB] has approved two financial facilities for South-Africa based Standard Bank Group to support economic development in…
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News
Ecobank and the IFC partner to empower Ivorian women’s businesses
CASABLANCA, December 11, 2024 — Ecobank Côte d’Ivoire, part of the leading pan-African financial services group, has signed a landmark Memorandum of Understanding [MOU] with the International Finance Corporation [IFC] to roll…
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News
Ecobank to unlock real-time cross-border payments across 35 African markets
KAMPALA, November 11, 2024— Nium, the leading global infrastructure for real-time cross-border payments, has partnered with Ecobank Transnational Incorporated to enable seamless cross-border payments across 35 African markets for more than 32…
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News
EAC SG and captains of industry call for new approach to boost intra-EAC trade and investments
ARUSHA, August 22, 2024 – Regional business leaders have outlined priorities to unlock business and investment to the new East African Community [EAC] Secretary General Veronica Nduva. In her keynote address during…
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News
Zambia agribusiness SME Accelerator launches second cohort to boost climate action
LUSAKA, August 5, 2024 – The second cohort of an Accelerator program for small and medium-sized enterprises [SMEs] in the agribusiness sector launched recently in Lusaka, Zambia. This Accelerator will deliver climate-smart…
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News
Oikocredit announces EUR 2.4mln loan to support SMEs in Indonesia
AMSMERFOORT and JARKATA, July 6, 2024 – Netherlands’s Social investor Oikocredit and Validus Group, a Singapore-based digital financing platform, have partnered to provide small and medium-sized enterprises [SMEs] in Indonesia with accessible…
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Cooperatives & Communities
Masindi SME owners told to form cooperatives
MASINDI, July 1, 2024 – Johnson Abitekaniza, Commissioner Business and Quality Assurance in Ministry of Trade Industry Cooperatives [MTIC] has underscored the need for small and medium enterprises [SMEs] owners to organise…
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News
Centenary Bank says when women are given opportunity for financial inclusion, they can do miracles
KAMPALA, June 28, 2024 – The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) Bank of the Year 2024, Centenary Rural Development Bank exemplifies the spirit of this year’s…
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