The EBRD TFP conference gathered industry leaders to discuss evolution of factoring and supply chain finance in emerging markets.
FCI has published their preliminary world factoring statistics for 2023, showing the industry experienced a rise of +3.3% in 2023.
To better understand the principles of financial inclusion, equitable regulation, and sustainable growth in the factoring industry, Trade Finance Global’s (TFG) Deepesh Patel spoke with new FCI Secretary General, Neal Harm.
Factoring in Africa allows businesses to sell their accounts receivable at a discount to gain immediate cash flow, is gaining traction across the continent, buoyed by significant growth and the support of institutions like Afreximbank and FCI.
Prime Bank has entered into an agreement with FCI in Dhaka, enabling the bank to carry out an international factoring operation with UniCredit Factoring Italy.
The UNIDROIT’s Factoring Model Law, the FCI Legal Study, and the IFC Knowledge Guide on Factoring Regulation and Supervision, reflects a collective endeavour meticulously designed to operate in harmony.
In this video, Neal Harm, (incoming) Secretary General of FCI, sat down with Peter Mulroy, (outgoing) Secretary General of FCI and Daniela Bonzanini, (outgoing) FCI Chairwoman reflect on the organisation’s evolution, strategic initiatives, and the future of factoring.
The FCI 55th Annual Meeting in Marrakech marked an important moment in receivables finance as the International Institute for the Unification of Private Law (UNIDROIT) launched the Model Law on Factoring.
FCI, the global representative body for the factoring and receivables finance industry, has achieved a significant milestone by securing three major agreements during its annual meeting in Marrakesh.
Africa has been a gateway for trade for centuries, yet the development of modern financial instruments like receivables finance has lagged. Receivables finance is not just a financial instrument. It’s a lifeline for businesses, especially in the ever-evolving landscape of African trade.
