BusinessBrief & bbrief’s Post

Why debt financing is so important for the African business market https://lnkd.in/dmAa4HRN Nathaniel Nyika | Chief Investment Officer | Norsad Capital |  Small and medium-sized enterprises (SMEs) are the beating heart of Africa’s economies. According to the World Economic Forum, as engines of growth, SMEs are responsible for around 80% of the continent’s employment, ultimately helping to reduce poverty and income inequality, enabling the establishment of a... #bbrief #debtfinancing #finance #debt #africa #smallbusiness #employment Nathaniel Nyika Norsad Capital

Africa's mid-market businesses face a massive $3 billion financing gap, too large for microfinance but too risky for banks. However, as highlighted in our latest blog, this untapped opportunity offers investors globally competitive returns while driving growth. With limited bank options, private credit investors can access the market's most attractive companies. We emphasise the importance of innovative financing, spanning from senior debt to mezzanine financing with equity potential Beyond mere returns, our analysis demonstrates that leveraging Africa's private credit sector can play a pivotal role in reshaping the economic future by providing essential growth capital. Investors who offer these alternative funding solutions stand poised at the forefront of prosperity. Lendable, Pezesha, Payhippo #financing #africa #credit #privatecapital #privatedebt #debtfunds #lendingsolutions #financingsolutions https://lnkd.in/ejH4FVMh

🍫 Sweet success: How the EIB is nurturing growth for Armenian SMEs 🍫 In the heart of #Armenia, there's a story of entrepreneurial spirit that's as rich and satisfying as chocolate itself.🍫 Meet the local chocolate maker Arcolad CJSC who, with the support of the European Investment Bank (EIB) and the European Union, has turned passion into prosperity. These small business loans are more than just financial aid. They're the key ingredients in the recipe for economic growth and innovation. Dive into my story to see how this chocolatier and other SMEs are crafting success and shaping a sweeter future for Armenia's economy. Join us in a conversation about the transformative power of targeted financial support. What are your thoughts on the impact of such initiatives on local businesses? #ArmenianEntrepreneurship #ChocolateMaker #EIB #EconomicDevelopment #SMEs #Innovation #JobCreation #EuropeanUnion #Finance #BusinessGrowth

Too often, traditional funding models shut out promising #SouthAfrican businesses. Our investment in Linea Capital aims to break that cycle. Their flexible Revenue-Based Financing (RBF) empowers Small and Growing Businesses (SGBs) to retain ownership, manage cash flow, and unlock growth potential. This US$1 million investment is a catalyst for change, fuelling a more robust #SGB sector that benefits the entire #SouthAfrican economy. 🔗 Read more about our commitment and this exciting collaboration: https://lnkd.in/dYewjjr6 -- Anne-Marie Chidzero, Julia Price, Zee de Gersigny, Colin Hundermark, Stephen K. Macharia, Amos Gachuiri, Beatrice Mubia, Waithera Njiiri, Sharon Chweya, Nicolas Kirui, Judith Nekesa, May Yego -- UK in South Africa

The Dutch entrepreneurial development bank FMO - Dutch entrepreneurial development bank has announced a landmark USD 295 million syndicated loan facility to Access Bank Plc , Nigeria’s leading financial institution. This facility, the largest syndication in FMO’s history, aims to bolster underserved Small and Medium Enterprises (SMEs) in Nigeria, particularly those led by women and youth, providing crucial access to working capital amidst the country’s most severe economic crisis in a generation. The syndication partners include the UK’s development finance institution British International Investment, Belgium’s BIO, impact investor BlueOrchard Finance Ltd , Canada’s FinDev Canada , Finland’s Finnfund, Norway’s Norfund, social impact investor Oikocredit, and Sweden’s Swedfund International. This consortium of international development financiers underscores the global commitment to supporting Nigeria’s economic resilience and SME sector growth. To read the full article follow this link: https://lnkd.in/ga52_d5h #NewsUpdate #LatestNews #DailyNews #TopStories #LocalNews #CityNews #WorldNews #InternationalNews #GlobalNews #Politics #PoliticalNews #Government #Elections #BusinessNews #Economy #MarketUpdate #FinanceNews #TechNews #TechUpdate #Innovation #EntertainmentNews #CelebrityNews #MovieNews #MusicNews #SportsNews #SportsUpdate #LiveScores #GameDay #HealthNews #Wellness #MedicalNew #HealthUpdate #Environment #ClimateChange #Sustainability #GreenNews #LifestyleNews #TravelNews #FoodNews

🌟 Microcredit plays a crucial role in promoting sustainable development. It empowers individuals and communities by giving them the financial resources they need to start or grow a small business, invest in education and training, and improve their standard of living. This, in turn, helps to reduce poverty, create jobs, and stimulate economic growth. Additionally, microcredit can also contribute to social and environmental sustainability by supporting the development of environmentally-friendly businesses and encouraging the use of renewable energy sources. Overall, microcredit is a powerful tool for promoting inclusive and sustainable economic development. 🌿 Micro Lending That Makes A Difference. Visit our link in the bio! 👉 positivitilending.com #businessloan #entrepreneur #business #smallbusiness #microcreditloan #kenyan #lendingclub #microfinance #loans #microloans #msmesupport

📊 Did You Know? Africa’s 600,000 formal MSMEs and 40+ million micro-businesses form the backbone of the continent’s economy, accounting for 🔸 90% of all businesses 🔸80% of employment 🔸40% of GDP 🌍💰 Yet, these economic powerhouses face a staggering $331 billion annual financing shortfall—akin to the entire GDP of South Africa or Nigeria! Stears' latest report series dives deep into the MSME financing landscape across Kenya, Nigeria, and Ghana, offering invaluable insights to help investors navigate and capitalize on this high-potential market. It was so much fun getting to chat with incredibly passionate founders, smart investors, enterprises, and MSMEs across all three markets to bring this baby to life 💃🏽 . 🎯 Fund Managers, This Report is for You! 🎯 What's included? 📈 Market Overview & Opportunities: Understand the MSME sector's critical role in driving sustainable economic growth and job creation. For instance, addressing the financing gap could create 22 million new jobs, a game-changer for a region where over 60% of the population is under 25. 💡 Key Investment Criteria: Learn which companies to back by examining the competitive landscape and market dynamics. Discover profiles of leading MSME lenders, including traditional banks, digital lenders, fintech firms, and microfinance institutions. 💪 Strategic Growth Drivers: Explore successful business models, effective risk mitigation strategies, and market advantages that position MSME lenders for sustainable growth. 🔗 Report links 👇🏽 : 📌 🌍 Africa: https://lnkd.in/dM8u7TuC 📌 🇬🇭 🇳🇬 Ghana & Nigeria: https://lnkd.in/dxb_PReu 📌 🇰🇪 Kenya: https://lnkd.in/dBqSi72f #MSME #Fintech #InvestmentOpportunities #AfricaRising #EconomicGrowth #FinancialServices #Kenya #Nigeria #Ghana #FundManagement #ImpactInvesting

++ African Guarantee Fund and Vista Bank Group Partner to Boost #SME Finance in West Africa ++ The African Guarantee Fund (AGF) has signed a landmark partnership agreement with Vista Group Holding to accelerate access to finance for small and medium-sized enterprises (SMEs) including women-led businesses in four West African countries: Burkina Faso, The Gambia, Guinea, and Sierra Leone. "We are excited to partner with Vista Group, one of the largest leading players in the West African banking landscape. This collaboration will leverage our combined expertise and resources to unlock the immense potential of SMEs in the region, drive inclusive economic growth through increased access to financing." - Jules Ngankam, Group Chief Executive Officer, AGF "Partnering with AGF is a significant step in our mission to empower SMEs and contribute to financial inclusion across West Africa. This facility will enable us to expand our reach and provide crucial financial support to businesses that are driving economic development in these countries. This aligns with our goal to expand our footprint beyond the Guinean Market to ECOWAS and the Central African Economic and Monetary Community (CAEMAC)." - Yao Kouassi, Managing Director, Vista Group Holding "With 20% of this transaction allocated to women-led small and medium-sized enterprises, along with tailored technical assistance support provided by AFAWA, Vista Group Holding is taking the commitment to de-risk women-led businesses in their portfolio and making great strides in transforming access to finance for women-led small and medium enterprises in low-income countries and fragile states. " - Wilfrid P. ABIOLA, Country Manager, African Development Bank’s Togo Office #techafricanews #africa #togo #sme #finance #boost #financial #inclusion #economic #development

☑️ With a total portfolio exceeding €750 million, and more agreements anticipated in the first half of 2024, the European Investment Fund (EIF), as part of the European Investment Bank (EIB) Group, has sealed guarantee agreements with 11 banks and financial intermediaries across the Western Balkans! ➡️ Funded through the 🇪🇺 European Commission Western Balkans Enterprise Development and Innovation Facility (WB EDIF) "Guarantee for SME Resilience," these initiatives aim to support small businesses and bolster SME financing in the region. ☑️ In the Western Balkans alone, over €750 million in concessional loans will soon be available to around 13,000 small businesses, sustaining approximately 180,000 jobs. EU Neighborhood & Enlargement #westernbalkans #EmpoweringGrowth