The global economy has always undergone changes. From the agrarian-based economy in the 18th century to the advent of the Industrial Revolution, from sailboats to steamships, there has always been a shift in economy, industry, and, ultimately the dynamics of a country.

At FCI’s 56th Annual Meeting in Seoul, Trade Finance Global (TFG) spoke with Neil Shonhard, CEO at MonetaGo, and Nassourou Aminou, Regional Director for Africa at FCI, to learn more about collateral registries and the keys to factoring growth on the African continent.

Trade finance is the lifeblood of global commerce, enabling companies around the world to expand their operations across borders.

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.

Factoring, invoice financing, and open account methods are vital for the global economy, aiding businesses in managing cash flow & liquidity.

ITFA, the Global Trade Finance Industry body, is delighted to announce the creation of the ITFA Fraud Prevention Working Group.  The newly created working group is being set up as… read more →

Your Monday coffee briefing from TFG – VIDEO | ICC’s Vincent O’Brien on trade in the UAE 

An important milestone has been achieved in the global fight against fraud and duplicate financing with the live launch of the Trade Financing Validation Service provided by MonetaGo over the… read more →

Your Monday morning coffee briefing from TFG: TFG partners with UKEF and DIT to create a trade and export finance guide

Standard Chartered has successfully completed an industry-first pilot testing of a trade financing validation service provided by MonetaGo over SWIFT, to mitigate the risks of duplicate trade finance fraud on… read more →