ExWorks Capital’s Chris Ash discusses Africa’s trade finance gap in Africa Global Funds

Writing for Africa Global Funds, Chris Ash discusses Africa’s persisting trade finance gap, which continues to restrict growth for the region’s SMEs.

Indeed, while trade has driven much of Africa’s economic growth in recent decades, increasingly stringent regulation introduced post-economic crisis continues to restrict banks’ appetite for lending. As a result, SMEs are struggling to access finance and are often forced into exploitative business relationships to ensure their products reach the ports.

The article was published in Africa Global FundsJanuary 2019 issue.