As lockdowns became the norm around the globe, governments have had to step in to support their economies due to the substantial downturn in economic activity – breaking stimulus records in the process.
SMEs need to re-think their innovation strategy including digitalisation as the pandemic has accelerated the shift to digital technology in trade.
The magnitude and complexity of the OBOR project creates numerous policy challenges for countries in the region seeking to benefit from its implementation thus, the need for policy cooperation.
Banks, fintechs, and other vendors have a pivotal role to play in this situation to support communities and try to help the economy moving in the short and long term.
Correspondent Banking should in the future reinvent itself to accompany to be an ideal companion to technical assistance and be a key milestone potential ahead for the Africa market.
The value of Trade Finance Programs, which if combined with regulatory and technological innovation, is destined to hasten the closing trade finance gap and bring broader positive economic outcomes for nations.
With China receiving global backlash for alleged mishandling of Covid-19 crisis, resulting in businesses pulling out, can its neighboring counties with the latter’s emerging economies seize the opportunity, or is China irreplaceable?
The AfCFTA is an agreement seeking to establish a free trade area in Africa. AfCFTA’s trade liberalization objective, along with other industries goals, Africa may just be set for a new horizon in its trade, post-COVID19.
TFG heard from EXX Africa’s Keri Leicher, on the economic, political and health crisis in Africa caused by Covid-19 pandemic. Keri spoke of Africa’s high level of debt and silent attacks affecting the continent’s security.
“WTO economists believe the decline will likely exceed the trade slump brought on by the global financial crisis of 2008-2009″
Open Account financing is going through a period of rapid change, thanks to digital innovation and competition. Recognised as a safe and flexible way for financing the real economy, we caught up with Erik Timmermans, founder of WOA, and John Brehcist, at their annual convention, to discuss the hottest topics in receivables finance.
We caught up with the President of the Bankers Association for Finance and Trade (BAFT). We talked about the balance of human capital and technology in the international transaction banking, about the amendments of the funded master risk participation agreement and how trade-based money laundering can be eradicated.
Trade Finance Global (TFG), announces that it joins Innovate Finance, the leading UK industry body and independent membership association for FinTech.
The life of a corporate treasurer is changing, and so is transaction banking. TFG spoke to Lesley McNamara at BAML on integrating product offerings, digital banking trends, corporate treasury and trade updates.
The World Trade Symposium in November coincides with incredibly interesting times in global trade. Not only will the run-up to the US 2020 Presidential election be well underway, but a spotlight will be firmly trained on the impact of Brexit on the EU, should it go ahead at the end of October.