AfDB-MCB Partnership Targets the Risk Barrier Blocking African Trade
| Africa’s trade ambitions continue to collide with a financial constraint that sits behind many cross-border deals: businesses may have buyers, suppliers and viable orders, but banks are not always willing to carry the risk needed to finance them. The African Development Bank’s new agreement with Mauritius Commercial Bank (MCB) is designed to attack that bottleneck by making more transactions acceptable to lenders. Read More |