IFC and Absa provide $60 million commodity trade finance facility to Volcafe, benefiting East African coffee farmers.
To kick off TFG’s Women in Trade, Treasury & Payments 2024 campaign, TFG spoke to Absa’s Michelle Knowles about her experiences in the industry.
Hear from Absa about the impact of the global trade finance gap and how it relates to the originate-to-distribute model.
Europe remains one of the most important continents for African trade, but recent years have seen a decline relative to other regions, with a notable uptick in flows from China and MEA regions.
At the ITFA annual conference in Abu Dhabi, Trade Finance Global (TFG) spoke with Mosa Tshabalala, Head of FI Trade Sales (International), Risk Distribution and Syndications at Absa Group, to explore the role of trade finance risk distribution in the African context.
In the wake of the pandemic, the global economy has seen a confluence of challenges, including geopolitical risks, interest rate changes, and commodity price fluctuations.
Absa Africa Financial Markets Index shows improving market infrastructure in majority of countries in the region African countries have responded positively to the need to develop domestic financial markets to… read more →
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.
New financial products, regulatory improvements and more responsive economic policies have enhanced the performance of countries in the Absa Africa Financial Markets Index 2019, produced by OMFIF. Now in its third year, the index evaluates financial market development in 20 countries across the continent.
ABSA’s Doreen Fick examines the current state of the African trade and receivables market, highlighting key tools and initiatives.