Select Country
Don’t have your Nedbank ID yet?
Nedbank ID single sign-on gives you full digital access to Nedbank’s banking and lifestyle products and services on the Money app or Online Banking.
Log in
Log in to Online Banking or another one of our secured services.
Get in touch
Find us
- Login & Register
- Online Banking
- Online Share Trading
- NedFleet
- Register for Nedbank ID
- About us
- Awards
- Deals
- Explore About us
- Awards
- Deals
- R4bn Tronox deal funds two 100MW solar plants
- Billions to help Redefine build green properties
- Harmony pursues green goals with R10 billion loan
- Cold solutions finance for cold storage facilities
- International Finance Corporation green bond fund
- Envusa energy deal: The way for renewable energy
- Paladin Energy senior debt funding partnership
- Renewable energy wind farm financing
- Stor-Age’s successful inaugural bond auction
- R4bn Tronox deal funds two 100MW solar plants
- Billions to help Redefine build green properties
- Harmony pursues green goals with R10 billion loan
- Cold solutions finance for cold storage facilities
- International Finance Corporation green bond fund
- Envusa energy deal: The way for renewable energy
- Paladin Energy senior debt funding partnership
- Renewable energy wind farm financing
- Stor-Age’s successful inaugural bond auction
- Women of Corporate Investment Banking
- Young Analyst Programme
- Insights
- Articles
- Conferences
- Research
- Explore Insights
- Articles
- Africa's pathway to a climate-resilient economy
- Commercial property trends 2022
- Green energy in the developing world | Nedbank CIB
- How sustainable finance creates value
- How the property sector recovered in 2023
- Two wins for sustainable finance leadership | Nedbank CIB
- FURTHER IMPACT empowerment for entrepreneurs
- There's a new buoyancy around water and sanitation
- What happens when finance meets sustainability?
- Africa’s renewable-energy projects
- Breaking barriers for energy transition in mining
- Africa's pathway to a climate-resilient economy
- Commercial property trends 2022
- Green energy in the developing world | Nedbank CIB
- How sustainable finance creates value
- How the property sector recovered in 2023
- Two wins for sustainable finance leadership | Nedbank CIB
- FURTHER IMPACT empowerment for entrepreneurs
- There's a new buoyancy around water and sanitation
- What happens when finance meets sustainability?
- Africa’s renewable-energy projects
- Breaking barriers for energy transition in mining
- Conferences
- African Mining Indaba | Nedbank CIB
- COP 28 | Nedbank CIB
- South Africa (SA) Auto Week | Nedbank CIB
- IHS Affordable Housing Conference | Nedbank CIB
- Africa Energy Forum | Nedbank CIB
- Africa Down Under Conference 2024 | Nedbank CIB
- Industry leaders talk innovation disruption | Nedbank CIB
- Market leaders in property finance | Nedbank CIB
- African Mining Indaba | Nedbank CIB
- COP 28 | Nedbank CIB
- South Africa (SA) Auto Week | Nedbank CIB
- IHS Affordable Housing Conference | Nedbank CIB
- Africa Energy Forum | Nedbank CIB
- Africa Down Under Conference 2024 | Nedbank CIB
- Industry leaders talk innovation disruption | Nedbank CIB
- Market leaders in property finance | Nedbank CIB
- Research
- Investor research
- Investor-research
- How loadshedding impacts inflation | Nedbank CIB
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- SA inflation trends, insights and projections
- SA ex-ante real policy rate
- SARB: Shifting to a 25 bps hike, from 50 bps
- SARB MPC: Repo unchanged but still hawkish
- Bonds, the monetary surprise and fiscal dominance
- Upside for bond investments has compressed
- The "weak China trade" on the rand exchange rate
- Dovish inflation surprises and fiscal constraints
- The ILB curve steepens, and we expect more
- Investor Research
- Investor research
- Investor-research
- How loadshedding impacts inflation | Nedbank CIB
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- SA inflation trends, insights and projections
- SA ex-ante real policy rate
- SARB: Shifting to a 25 bps hike, from 50 bps
- SARB MPC: Repo unchanged but still hawkish
- Bonds, the monetary surprise and fiscal dominance
- Upside for bond investments has compressed
- The "weak China trade" on the rand exchange rate
- Dovish inflation surprises and fiscal constraints
- The ILB curve steepens, and we expect more
- Investor Research
- Solutions
- Corporate Finance
- Financing
- Investing
- Markets
- Nedbank Business Hub
- Transacting
- Explore Solutions
- Corporate Finance
- Financing
- Investing
- Markets
- Nedbank Business Hub
- Transacting
- Sustainability
- Explore Sustainability
- Contact us
- Explore Contact us
NCIB and DP World: Boosting Trade Finance in Africa
Nedbank Corporate and Investment Banking (CIB) is proud to announce a significant strategic partnership with DP World Trade Finance to address the significant working capital challenges of businesses in sub-Saharan Africa (SSA).
The partnership aims to improve access to critical trade finance, particularly for suppliers in DP World's network across SSA. The collaboration includes supply chain finance programmes and innovative risk-sharing agreements designed to enhance the availability of financial resources in the region, empowering businesses to thrive in global markets.
The partnership is built around 2 key initiatives – supply chain finance and risk-sharing mechanisms. Through these initiatives, Nedbank CIB and DP World Trade Finance will support businesses by addressing supply chain risks, facilitating trade flows and offering short-term financing solutions. The collaboration provides much-needed working capital for businesses in the region, helping them overcome barriers to accessing finance, such as limited creditworthiness data and a lack of transparency and control over trade transactions.
These barriers have long hindered trade from SSA, limiting the region’s ability to engage in global markets. By providing structured trade finance solutions, the partnership aims to foster an efficient trade ecosystem, optimise cash flow for businesses and unlock sustainable growth opportunities throughout SSA. This includes improving trade capital availability, increasing transparency, and offering more economical financing options through early payments on approved receivables.
Innovative supply chain finance solutions
At the heart of the collaboration is the integration of a supply chain finance program on DP World Trade Finance’s platform, with Nedbank as the financier. This program allows suppliers in SSA to access early payments on their approved receivables, thereby optimising cash flow and alleviating working capital constraints. By leveraging these structured trade finance solutions, businesses can improve their trade flows and engage more seamlessly in both regional and international markets.
A highlight of the partnership is its support for the Virtual Farmer Programme, a unique initiative established by Specialised Agri Solutions and supported by both DP World Trade Finance and Nedbank. This programme, which has been running successfully for 12 seasons, offers enhanced credit and working capital to farmers in SSA, ensuring that they have the resources necessary to manage daily operations. The Virtual Farmer Programme is a testament to the impact of targeted financing solutions on SSA’s agricultural sector, contributing to broader economic development across the region.
Addressing trade finance challenges in sub-Saharan Africa
A significant portion of trade is hampered by financial barriers, with businesses struggling to secure the financing required to grow due to the complexity of managing trade transactions in the region. Through this partnership, Nedbank CIB and DP World Trade Finance aim to reduce these barriers by creating a more transparent and efficient trade ecosystem.
‘Our partnership with DP World Trade Finance is a testament to Nedbank’s commitment to driving sustainable growth across sub-Saharan Africa. By combining our structured finance expertise with DP World’s global logistics network, we are not only improving trade flows but also empowering businesses to navigate a challenging economic environment. This collaboration reflects how we leverage unexpected connections within our ecosystem to foster economic growth and development.’
Anél Bosman, Group Managing Executive at Nedbank CIB
Empowering businesses in sub-Saharan Africa
Through this partnership, Nedbank CIB and DP World Trade Finance are advancing their shared vision of unlocking new growth opportunities across SSA. By integrating DP World’s logistics capabilities with Nedbank CIB’s financial expertise, the collaboration offers innovative financing solutions, enhances supply chain transparency and improves trade flow, ultimately driving sustainable growth in the region.
Mohammed Akoojee, CEO and Managing Director for SSA at DP World, added, ‘This partnership with Nedbank marks a critical milestone in addressing the trade finance challenges that have constrained business growth in sub-Saharan Africa. By combining our logistics strengths with tailored financial solutions, we are enabling businesses to overcome financial barriers, thrive in the global market and drive sustainable economic development.’
The partnership between Nedbank CIB and DP World Trade Finance highlights the importance of structured trade finance solutions in empowering businesses across sub-Saharan Africa, transforming trade and fostering economic growth in the region.
Related posts
See all
Key factors in the recovery of the property sector in 2023
Gary Garrett, Managing Executive of Property Finance at Nedbank Corporate and Investment Banking, participated in an expert panel at the 2022 South African Real Estate Investment Trust Conference where he reflected on the response of the property sector to recent challenges.
Published 30 May 2024 in nedbank:cib/articles/property
Key factors in the recovery of the property sector in 2023
Gary Garrett, Managing Executive of Property Finance at Nedbank Corporate and Investment Banking, participated in an expert panel at the 2022 South African Real Estate Investment Trust Conference where he reflected on the response of the property sector to recent challenges.
Published 30 May 2024
Nedbank CIB honoured for leadership in sustainable finance
Our ESG-backed approach to lending and financing was recognised at the 2022 Global Finance Sustainable Finance Awards, where we ranked in the top 6% of banks globally and received awards for Outstanding Leadership in Green Bonds and Outstanding Leadership in Transition/Sustainability-linked Bonds.
Published 30 May 2024 in nedbank:cib/deals/esg
Nedbank CIB honoured for leadership in sustainable finance
Our ESG-backed approach to lending and financing was recognised at the 2022 Global Finance Sustainable Finance Awards, where we ranked in the top 6% of banks globally and received awards for Outstanding Leadership in Green Bonds and Outstanding Leadership in Transition/Sustainability-linked Bonds.
Published 30 May 2024
