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Africa’s US$100 Billion Trade Finance Gap Strangles Commercial Growth

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/africas-us100-billion-trade-finance-gap-strangles-commercial-growth/A chronic shortage of trade finance is constraining Africa’s commercial expansion, with banks rejecting $100 billion in legitimate trade requests annually and forcing businesses to abandon profitable deals across the continent. The finance gap affects 40% of trade transactions in Africa compared to just 7% globally, according to the African Development Bank. Small and medium […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/africas-us100-billion-trade-finance-gap-strangles-commercial-growth/


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