It is often debated whether the reported existing trade finance gap, which over the last 3 years has oscillated between $100 billion and $120 billion, will diminish or whether the nature of illiquid, growth-focused, emerging market economies means that the gap will never truly close.
The world of credit insurance has seen a multitude of fluctuations in the market, as of late. Whether it be, COVID-19, geopolitical instability, or inflation, these factors have significantly impacted the sector, lowering the appetite for risk.
Trade Finance Global has partnered with UKEF, the UK government’s export credit agency, and DIT to produce the UK Trade & Export Finance Guide.
China’s trade surplus rose to a record high of $101.26 billion in July, the first time in history that the indicator has risen above the $100 billion mark. A trade… read more →
The World Bank has approved the second phase of West Africa’s regional Food Systems Resilience Program (FSRP-2), earmarking $315 million in financing to increase the robustness of food systems in… read more →
As global central banks hike rates to rein in inflation, and businesses battle with sourcing goods through choked supply chains exacerbated by the war in Ukraine and Chinese lockdowns, Africa finds itself with a growing problem–accessing US dollar liquidity.
Global loss figures published by operational risk association ORX, reveal a decline in total gross loss across the banking community. This is despite the challenging environment created by both external… read more →
On Thursday, UK Secretary of State for International Trade, Anne-Marie Trevelyan, introduced two new measures related to the UK-Africa trade partnership in a speech on the UK’s trade relationship with… read more →
As Iain Martin of the Times said, “To deny the downsides of Brexit on trade with the EU is to deny reality.”
The decision to secede from the world’s largest single market area was bound to have some short-term economic consequences, but the UK may be experiencing more than a short-term decline.
After five days of ‘marathon talks,’ some hard negotiating and plenty of encouragement from Director-General, Ngozi Okonjo-Iweala at MC12, WTO members have managed to secure a historic package of trade deals for member states.
