World Bank’s IFC provides loan to Altum Capital for SMEs financing in Mexico
June 14th, 2018 – The International Finance Corporation (IFC), a member of the World Bank Group, has provided a MXN$350 million loan (US$18 million equivalent) to Altum Capital, a private debt fund that seeks to expand financial inclusion in Mexico ...
Cloud Managed Service Market: Increased Adoption by SMEs to Bolster Market Demand
June 19th, 2018 – The world cloud managed service market is considered to be extremely influenced by the constant rise in the worldwide trend of cloud automation. The augmented uptake of various managed services amongst small and medium enterprises (SME...
The future for SMEs is online
May 28th, 2018 – Research by the Industrial Development Corporation (IDC) found that small to medium-sized enterprises (SMEs) who have invested in digital technologies showed more growth than those that did not. In addition, further studies found th...
Countries in Europe and Central Asia can provide better opportunities and services for citizens by leveraging Blockchain technologies
Tbilisi (GEORGIA) – May 8th, 2018 – With economic growth in Europe and Central Asia having peaked, following 2.7% growth in 2017 and a projection of 2.3% for 2018, countries in the region should take advantage of new digital technologies to innovate a...
Bank of Africa targets SMEs in training drive
May 14th, 2018 – Pan-African lender, Bank of Africa is eyeing to grow small and medium enterprises (SMEs) clientele by holding free monthly workshops. The bank, with 30 branches since its launch in 2004, said the customer engagement forums dubbed SM...
ESA SME initiative news
May 21th, 2018 – Programmes and initiatives within ESA that could be of particular interest to SMEs are listed below. ESA programmes and initiatives – Program rement actions reserved for SME and “Non-Primes” (C1-C4 clauses) –...
European Investment Bank To Support New Funds for SMEs And Female Entrepreneurs
May 9th, 2018 – The European Investment Bank has announced this week that it will be working alongside CaixaBank to invest over 250 million euros into new SMEs across Europe. The joint initiative will be specifically placing focus on startups and pr...
UBA Partners MasterCard to Ease Payments by SMEs
May 8th, 2018 – The pan-African financial services institution, United Bank for Africa (UBA), in partnership with MasterCard International has released a revolutionary solution to one of the critical challenges being faced by small and medium scale ...
Online demand from small business a challenge for insurers
May 4th, 2018 – More South African small to medium enterprises (SMEs) are embracing e-commerce, with 34% indicating that they would prefer to buy their business insurance online, according to a study by PwC. The survey shows how the insurance market...
European Investment Fund and UniCredit support innovative SMEs in CEE with EUR 500 mln
May 7th, 2018 – The European Investment Fund (EIF) and UniCredit have signed a contract to expand the InnovFin guarantee for SMEs, in order to increase access to financing for innovative small and medium-sized firms and mid-caps in eight countries i...
