Demica, the fintech specialising in supply chain finance solutions, has announced the expansion of supply chain finance to Nigerian businesses, including SMEs, transforming working capital optimisation and liquidity through a new banking partnership between African Export-Import Bank (Afreximbank) and Sterling Bank.
African Export-Import Bank and Sterling Bank have partnered to introduce the innovative AFREXIMBANK TRADELINK in Nigeria, leveraging Demica’s proven payables finance technology as well as its intuitive supplier onboarding tool.