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Africa’s trade finance gap has widened to more than US$74bn, underlining the pressure facing exporters, importers and banks across the continent. The African Development Bank warned that the shortfall has grown as international banks reduce correspondent relationships and domestic lenders...
#Africa#African Development Bank#correspondent banking
The International Finance Corporation (IFC) has signalled increased support for SMEs as rising energy costs and economic pressures widen the…
#IFC#sme finance#trade finance gap
CapitalXB, a Mumbai-based trade finance company focused on supporting small and mid-sized enterprises (SMEs), has secured US$15m in a combination…
#CapitalXB#factoring#invoice discounting
SPONSORED ARTICLE In global trade finance, small and mid-sized enterprises (SMEs) continue to face outsized obstacles when securing funding for…
#ExpoFin#Michelle Guile#mid-ticket deals
Following the ADB report released last week, Sinan Ozcan, the Senior Executive Officer of DP World Financial Services, has provided…
#ADB#Sinan Ozcan#trade finance gap
Earlier last week, the Asian Development Bank (ADB) published another in their long series of... (more…)
#ADB#Asian Development Bank#Mark Mandula