Africa’s trade finance market: Facts and challenges
Eugene Bempong Nyantakyi, Mouna Ben Dhaou, Lamin M Drammeh, Mouhamadou Sy 08 October 2016
Boosting Africa’s intra-regional and international trade takes a good knowledge of the African trade finance landscape, like the identification of markets where in fact the need is greatest. This column presents a few of the major patterns of the marketplace in Africa using primary survey data from commercial banks. Banks intermediate almost a third of trade activities over the continent, but nonetheless reject a substantial value of trade finance applications due mainly to weak client creditworthiness and inadequate collateral.