Africa Industrialization Fund gets European investment
April 2th, 2019 – The European Investment Bank (EIB) has signed a commitment of $15 million with the SPE Africa Industrialization I Fund (AIF I), a generalist private equity fund targeting primarily growth capital investments in small medium-size...
SMEs lead blockchain investment
A study conducted by the Emory University in collaboration with Provide Technologies and Aprio claims that the small and medium enterprises are investing twenty-eight times more in blockchain than large enterprises. The study furthers that most of the ent...
SMEs turning to alternative financing instruments as growth slows in bank lending
April 15th, 2019 – Small and medium-sized enterprises (SMEs) are turning to non-bank financing sources at a faster pace than in the past, as bank lending to them has risen less than expected given today’s favourable credit conditions and business ...
Free Identity Management for SMEs
April 14th, 2019 – One of the most critical challenges with IT networks today is identity management. These kinds of solutions are the backbone of any IT infrastructure. By securely connecting users to IT resources, identity management solutions ens...
ADB Asian Development Bank: Expands Partnership with SMBC to Boost Trade Financing in Developing Asia
April 12th, 2019 – The Asian Development Bank (ADB) and Sumitomo Mitsui Banking Corporation (SMBC) today signed an agreement to promote more than $100 million of trade annually across developing Asia. Under the agreement, signed on the sidelines of ...
Investment in Francophone West African SMEs receives a €12.5m equity boost from African Development Bank
April 6th, 2019 – Investment in Francophone West Africa has just gotten a significant boost following the board of African Development Bank’s (ADB) approval of a €12.5 million equity investment in SMEs within the region. The investment will cont...
Can the new Federal Budget help Australian SMEs go digital?
April 3th, 2019 – AUSTRALIAN businesses, especially the small and medium-sized entities, often complain about going digital. The challenge isn’t that they don’t want to go digital or don’t see the opportunity. The reality is that most SMEs in ...
4 key SME trends that will drive job creation
March 27th, 2019 – For the African continent, the SME sector is critical: according to World Bank data, SMEs contribute up to 60% of all employment and as much as 40% of all GDP in emerging economies. In fact, SMEs are expected to create four out of...
Australia’s Two Main Blockchain Industry Lobbying Groups to Merge
March 19, 2019 – Australia’s two largest digital economy industry groups, the Australian Digital Commerce Association (ADCA) and Blockchain Australia (BA), have agreed to merge. The new merged entity will adopt the Blockchain Australia name, and m...
EU to provide EUR 2 billion for innovative startups and SMEs in 2019-20
March 19th, 2019 – Startups and small and mid-sized enterprises (SMEs) in EU member states will be able to access EU funds totalling EUR 2 billion in 2019 and 2020, according to a press release by the European Commission. As it wants to become a glo...
