FCI has named Tinashe Tamba as regional manager of its Africa Chapter, part of a collaboration between the factoring industry association and the African Export-Import Bank (Afreximbank). 

Tamba joins from Harare Receivables Exchange, a receivables trading platform based in Zimbabwe that he co-founded in 2012. He spent over five years as chief executive and nearly seven as chief trading officer. 

Tamba was also managing director at Zimbabwean microfinance institution Zibuko Capital between 2016 and 2018, and previously spent two years at Energy Resources Africa. 

The FCI Africa Chapter, which works to expand the continent’s factoring market and is chaired by Afreximbank, was led by Nassourou Aminou until December last year. 

Tamba took up the role in July this year, and is tasked with accelerating factoring development in Africa, strengthening partnerships and unlocking growth opportunities, says FCI secretary general Neal Harm. 

“His deep-rooted experience in Africa’s trade and receivables finance landscape, combined with his entrepreneurial drive and collaborative spirit, make him an outstanding addition to our global team,” Harm says. 

Kanayo Awani, Afreximbank’s executive vice-president for intra-African trade and export development, says the FCI Africa Chapter’s priorities include providing technical support to emerging factoring companies, creating awareness and capacity building across the sector, and advocating for regulatory reforms. 

Tamba adds the role comes at “a pivotal time for Africa”, and says he “look[s] forward to working with members, stakeholders and partners to further expand factoring and receivables finance across the continent”.