According to the report, the supply of trade finance was affected between the first quarter of 2020 due to the COVID-19 pandemic and the inherent tightening of financial conditions and the heightening balance of payment pressures and liquidity constraints.
April 22, 2021
This is coming as the continent seeks to eradicate COVID-19 by reaching at least, a minimum of 60 per cent immunisation of Africans.
March 29, 2021
The economic damage wrought by the coronavirus pandemic will probably make many African countries seek debt restructuring from…
February 11, 2021
The latest data by the United Nations Economic Commission for Africa (UNECA) shows that on average over 10 percent of export revenues and primary income in the region is spent on debt repayments.
November 30, 2020