Issue 16 . Jul 2024
This supplement focuses on how the International Finance Corporation (IFC) supports trade and supply chain finance in emerging markets. It highlights the significant gender disparity in international trade, with only 15% of exporting firms led by women. The IFC's initiatives, such as the Banking on Women Global Trade Finance Program (BOW-GTFP), aim to enhance women's participation in global trade by providing financial support and resources to women-owned businesses. The guide also discusses the critical role of digital technologies like cloud computing, AI, and blockchain in improving MSME financing. Case studies from Brazil, Kenya, and Nigeria illustrate the challenges women entrepreneurs face in accessing trade finance, emphasising the need for tailored capacity-building initiatives. Additionally, the guide explores the impact of geopolitical and economic factors on global trade, the importance of partnerships, and the role of credit insurance in bridging the trade finance gap.
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