cat/small-ticket-equity
This European Small Business Finance Outlook (ESBFO) provides an overview of the main markets relevant to EIF (equity , guarantees, securitisation, microfinance). It is an update of the June 2017 ESBFO edition.
IFC is investing €15 million in a new private equity fund by AfricInvest, a leading private equity fund manager, to help expand access to finance for small and medium enterprises in North Africa. The investment is part of a larger effort to support economic growth and create jobs.
The EBRD is supporting small and medium-sized businesses in Egypt, Morocco and Tunisia with a €15 million equity investment in the first close of Mediterrania Capital III LP (MC III), which could increase up to €35 million in subsequent closings.
This paper is part of a series of resources that FSD Kenya has developed around transforming finance for enterprise. These resources provide detailed information about best practice and are intended for use by financial service providers and those supporting such institutions which are entering the SME market.
The Banker Africa features fintech developer MES & DAK Corporation, which is not targeting the big companies, but rather focusing on the micro SME (MSME) and SME sector to help bridge the $380 billion credit fiancing gap in the Africa and Middle East region for SMEs, and provide business and financial consultancy services thorough a mobile app and a desktop application.
British Business Bank Investments, BBB’s commercial arm, has committed €40m (£35m) to the Harbert European Growth Capital Fund II. The fund focuses on fast-growing technology SMEs, particularly those backed by venture capital firms.
The British Business Bank’s Small Business Finance Markets 2016/17 report shows that credit conditions for small businesses continue to improve, with a notable increase in the volume of asset finance and peer to peer business lending. Economic uncertainty has, however, had an impact on small business confidence, with a drop in the number of smaller firms expecting to grow in the coming year. Many small businesses are wary about seeking external finance, reflected in a continued trend of falling application rates.
The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, published a report into exchanged-based financing of Small and Medium Enterprises (SMEs), aimed at identifying globally-consistent barriers and opportunities for enhancing SME access to equity finance.
The World Federation of Exchanges (WFE) recognises the importance of ensuring small and medium enterprises (SMEs) can access equity market financing. This research identified globally-consistent barriers and opportunities for enhancing access to equity market finance. The research results are derived from surveys of companies, investors and market intermediaries across five developed and emerging market jurisdictions. The primary findings are:
