Africa: AfDB Flags Widening Trade Finance Gap for African SMEs

Africa: AfDB Flags Widening Trade Finance Gap for African SMEs

Small and medium-sized enterprises (SMEs) across Africa continue to face tighter lending conditions, higher collateral requirements, and limited access to formal trade finance despite evidence showing that their credit risk profile has remained relatively stable. According to a new African Development Bank (AfDB) report released in Brazzaville on May 27, SME-related default rates, averaging between…

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Fuel Price Hikes: Four Tips for SMEs to Navigate Rising Costs

Fuel Price Hikes: Four Tips for SMEs to Navigate Rising Costs

South African small businesses continue to face pressure from persistently high and volatile fuel costs, with fluctuations at the pumps adding ongoing strain to already tight operating margins. Even with the temporary fuel price increase relief measures extended until the end of June 2026, this environment represents sustained financial pressure that extends far beyond fuel itself….

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Microsoft and Postel: An Innovative New Data and AI-Driven Solution to Optimize Italian SMEs’ Relationships with Their Customers

Microsoft and Postel: An Innovative New Data and AI-Driven Solution to Optimize Italian SMEs’ Relationships with Their Customers

The Marketing Data Platform combines AI-powered market intelligence, first-party data and omnichannel activation to help SMEs analyze market trends and historical campaign performance, turning insights into audiences and increasingly targeted future actions. Microsoft and Postel, a Poste Italiane Group company, announce an evolution of their collaboration and of the agreements they have signed for the…

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Samsung supports mobile device, electronic repairs SMEs

Samsung supports mobile device, electronic repairs SMEs

Samsung invites skilled service centre SMEs in mobile device and/or consumer electronic repairs to join its EEIP initiative. Samsung South Africa, in partnership with the Department of Trade, Industry and Competition (DTIC), is inviting black-owned small businesses in the service centre market to participate in its Equity Equivalent Investment Programme (EEIP). This follows last year’s…

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Samsung calls for Black-owned service SMEs to join support programme

Samsung calls for Black-owned service SMEs to join support programme

Samsung, in partnership with the Department of Trade, Industry and Competition (DTIC), has launched a new campaign to attract Black-owned service centre SMEs to its Equity Equivalent Investment Programme (EEIP). The initiative forms part of the company’s enterprise development programme and builds on a previous campaign that targeted both ICT and service centre businesses. The…

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Endeavor SA closes R230m fund for SA tech SMEs

Endeavor SA closes R230m fund for SA tech SMEs

The fund leverages Endeavor’s global network to provide portfolio companies with mentorship, talent, strategic guidance and market access. Endeavor South Africa has closed its Harvest Fund III at R230 million, aiming to accelerate growth, job creation and exits in the country’s high-growth technology sector. According to a statement, the fund brings together entrepreneurs and institutional…

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