In a new paper, the specialist trade finance bank analyses how robust risk mitigation and compliance is the key to sustainable and successful trade with African markets
The opportunities presented by African markets are undeniable, but trade with the continent is often hampered by access to finance. The African trade finance gap currently stands at around US$81bn and continues to grow, as African trade is largely perceived as high-risk by investors.
In a new research paper, specialist trade finance bank BACB analyses whether this perception is reflected by reality – and lays out the case for a positive approach to African trade finance based on transparency, risk management and strict regulatory compliance.
