New capital fund of $30-million launches for Southern Africa SMEs
October 21th, 2020 – Secha Capital, a Southern African investment impact firm that provides long-term capital to established SMEs, has announced the closure of its second fund worth $30-million (R400-million) to support established SMEs in the regio...
Open source – the key to Asia’s unbanked opportunity?
October 1th, 2020 – Southeast Asia’s internet economy is booming. A recent Google report indicated it had already surpassed the US$100 billion mark and is set to hit US$300 billion by 2025. Digitization had already rocketed across the region befor...
Online tool to promote trade between African countries
October 15th, 2020 – An online tool designed to help businessmen and businesswomen in Africa understand how best to trade between African countries came a step closer to becoming fully operational in August 2020 as a demonstration version came onstr...
Private credit investing in Asia set to expand along with fintechs
October 16th, 2020 – Looking for diversified and meaningful returns, an increasing number of investors in Asia are slowly turning to private credit as a source of opportunity. That’s according to a recent report by The Alternative Credit Council (...
SMEs more likely to purchase cyber cover since pandemic
September 28th, 2020 – Data and analytics company GlobalData has recommended that insurers should increasingly focus on larger small and medium-sized enterprises (SMEs) following the COVID-19 outbreak. cyber-securityAnalysts found that 8.5% of SMEs ...
Resilience of Australia’s SMEs highlighted in survey
October 2th, 2020 – While it is undeniable Australia’s SMEs are facing an incredibly challenging period, which may understandably make it hard to focus on the future, research from OnDeck Australia has revealed a streak of resilience through the c...
Building the E-commerce Infrastructure for Small Businesses to Thrive in Latin America
September 20th, 2020 – The World Bank estimates there are up to 445 million micro, small- and medium-sized enterprises in the developing world. In Latin America, nearly 90% of all businesses fall into this category. However, many of these businesses...
Blockchain for SMEs
September 16th, 2020 – The diffusion of blockchain is intensifying globally. This was evident during the virtual launch of a report titled ‘Blockchain for Small and Medium Enterprises (SMEs) and Entrepreneurs in Italy’ by the Organisation for Ec...
Marco Financial secures $26m to help fund SMEs in Latin America
September 22th, 2020 – Marco Financial, the financing platform built for small and medium-sized Latin American exporters, has bagged $26m in funding and credit. The company will use the new cash influx to address the $1.5tn global trade finance gap ...
SMEs in APAC were least fazed by the pandemic, finds SAP
September 14th, 2020 – Small and midsize enterprises (SMEs) in the Asia Pacific (APAC) region are in a unique position to adapt to the changing workplace this year. At least, that was what was uncovered in a new Oxford Economics study commissioned b...
