Africa is a dynamic and exciting market of opportunities waiting to be unlocked. Innovation, entrepreneurial mindedness, and the willingness to embrace change for the good of all make this continent and its people as unique as its emerging payments story. 

TFG spoke to UCP 600 expert David Meynell, senior technical advisor for the ICC Banking Commission and digital rules advisor to the Centre for Digital Trade and Innovation, to discuss the evolution of the UCP 600 and supplementing rules for documentary credits.

The latest issue of TFG’s Trade Finance Talks, ‘SME trade finance: flying under the radar’ is out now!

Artificial intelligence. The metaverse. What do these tools have in common for supply chains? These are the technological building blocks for the future of the global supply chain – a fully digitised, connected, self-orchestrated ecosystem where even consumers hold decision-making power.

Trade loans are used to finance transactions involving import or export trading and reflecting different stages in the commodity trade cycle, from pre-export financing to borrowing base facilities.

All trade loans, however, are used to finance imports, exports, or other trading transactions.

Using freight rate data from the Freightos Baltic Index, the AI-powered ocean freight visibility solution provider Windward seeks to better understand the impact of current trends on the China-US flow of goods, port congestion in both countries, ocean freight prices, and what is driving these changes.

Cross-border payments are at the core of international finance and economic activity and it have undergone dramatic changes over the past fifty years. 

The last decade has seen a substantial change in global trade bank attitudes towards innovation and collaboration. 

Canadian investors are becoming more particular about how they deploy their capital, delivering returns with ESG factors being a key consideration. 

TFG spoke to one of the world’s largest factoring associations to find out how trade receivables can help solve the liquidity crunch caused by supply chain disruption.