FCI to hold Factoring in Africa event
Factors Chain International (FCI) will hold their first Factoring in Africa event at the Movenpick Ambassador Hotel Accra, Ghana on 30th January 2014.
African Guarantee Fund agrees to back Ecobank's SME financing programmes, including contract and receivables finance, distributorship finance and asset finance.
The global trade finance community has gone through a traumatic period over the past two years, as European banks have retrenched and liquidity has dried up. Sub-Saharan Africa has not been immune to the fallout, facing rising trade finance costs and the withdrawal of financing lines. In an article written for the European Trade Finance Yearbook 2012/2013, Dr. Edward George, Head of Soft Commodities Research, Ecobank shares his perspective. |