Absa leads the pack in support for SMEs through its Africa trade finance

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SPONSORED | The AfCFTA is a new frontier and a potential game change for the continent

06 September 2021 - 15:00The AfCFTA is a new frontier and a potential game change for the continent. Picture: SUPPLIED/ABSA

Doreen Fick, head of funded wholesale trade finance products at Absa. “It is therefore vital that it in practice it benefits SMEs and entrepreneurs across Africa, and does not become simply the domain of big businesses. This is a huge opportunity for SMEs to grow their intra-Africa trade with the potential only limited by their access to trade finance.

Chuene Setati, regional sales head for trade and working capital at Absa says, “Absa has retooled three areas of its trade finance business. Third, Chuene says, “We have invested heavily in our trade management online platform. This has really perfected the ease of doing business for our SME clients and given them access to the world from their offices and also from their homes during pandemic restrictions. TMO automates our processes for clients as much as possible and also enables Absa to link into centralised systems which share client data.

 

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