African trade finance sees $5 bn in portfolio outflows in Q1 2020 due to Covid-19, but opportunities exist - report

Constrained global financial conditions caused by Covid-19 have led to massive portfolio outflows from Africa, exceeding $5 billion in the first quarter of 2020, a new continent-wide survey on trade finance has shown. About $3.1 billion left the South African market alone, the report found. […] Read More