Digitalisation in African trade finance is entering a critical new phase

30 March 2023 - 08:42Absa CIB is looking to identify technology solutions that will broaden its clients' access to new global import and export markets. Picture: Absa CIB

In short, we have never seen a more focused debate about digitalisation and automation, and its interaction with fintech solution providers in the trade finance space. We believe this is going to be transformative for the way the continent conducts business. Taking this a step further, Africa is becoming increasingly important in the global economy, from both an import and export perspective.

On one hand, you have an annual trade finance gap of about $100bn each year. On the other, the banking sector is busy rolling out Basel IV regulations.

Absa_CIB Growth always excites me

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Sponsored Content: Singer marries “family business” with business studiesMusic has always been in Maya Spector’s blood, her love of it shaped by her childhood and led her to a career as a singer/songwriter. But when COVID-19 cut her off from performing and her livelihood, she took the opportunity to sign up for some business studies at Henley Business School Africa, which has brought new perspectives to her professional career.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »