The Agribusiness Olam International has secured an innovative new type of corporate loan that links pricing to the borrower’s progress towards its digital transformation. The US$350m three-year revolving credit facility is a digital loan (D-loan), a form of positive incentive loan (PIL), which rewards borrowers that achieve pre-arranged targets by cutting their borrowing costs. Olam’s
A venture capital firm has entered the Rwandan market seeking investable enterprises to inject capital into and has come from well-off investors, investment banks and any other financial institutions for a stake in the in the start-up firms. Venture capital is financing that investors provide to startup companies and small businesses that are believed to
As part of its strategic branch expansion objective to provide for the specialized needs of businesses and residents within the Lashibi and neighbouring communities, Access Bank has relocated its old branch at the UBI Petroleum Station to an ultra-modern building on the main Lashibi Road, opposite Farm Vivian. The newly opened branch will provide timely
