Afreximbank Says Africa Must Raise Factoring Volumes to At Least €240 Billion to Support SME-Led Transformation

Afreximbank Says Africa Must Raise Factoring Volumes to At Least €240 Billion to Support SME-Led Transformation

Afreximbank has highlighted the critical importance of factoring and supply chain finance (SCF) in narrowing Africa’s Small and Medium Enterprises (SMEs) financing gap and building resilient value chains across the continent. Speaking at Afreximbank’s annual Factoring Workshop in Abidjan, Côte d’Ivoire, Mrs Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development (IAED) at Afreximbank…

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