‘How to own a car through vehicle financing’
Despite the average price of used cars in Africa standing at $5,000 (almost three times the current GDP per capita of $1,720), with credit penetration in the auto market
Developers embrace unitisation to fund real estate
In the property market where it has become increasingly difficult to obtain long-term financing, property developers are turning to alternative funding to shore up their portfolios.
AfDB seals $250 million deal for region’s trade financing
African Development Bank (AfDB), in its push to facilitate inter and intra Africa trade, and reduction of trade financing gap on the continent, sealed a new deal worth $250-million.
‘We have created pipeline of projects for green bond financing’
Access Bank Plc said it has created a pipeline of projects that can be packaged as green projects that are eligible for green bond financing, as part of efforts to tap into the Federal Government’s green bond initiative. The Group Deputy Managing Director of the bank, Roosevelt Ogbonna, stated this at the launching of…
Health sector: Better financing will deliver positive chain reactions, says Ogungbo
Dr. Biodun Ogungbo is a Consultant Neurological Surgeon, Brain and Spine Surgery Consortium Abuja. He spoke to NKECHI ONYEDIKA-UGOEZE on the brain drain in the Nigerian health sector and how it can be checked. Why are Nigerian doctors fleeing abroad? There are many reasons for this current situation of massive unrestrained emigration of doctors to…
‘Factoring holds key to small business financing’
The continent’s huge number of small businesses reeling under the challenges of poor access to finance could get relief from factoring, financial experts have said. Besides, African countries have been urge to legislate factoring and take advantage of its opportunities for expanding the continent’s regional value chains. Reiterating this call, the Managing Director of the…