From the Periphery to the Centre: Africa as the Growth Market for Factoring

Domaine:

socioeconomic

Type de record:

paper

Créateur:

Ora

Éditeur:

Afr

Hôte:

Africa is today at the fringes of global factoring despite the immense advantages factoring offers to small and medium-sized businesses (SMEs) around the world. Recent developments, however, indicate that things are about to change for the better with Africa poised to move from the periphery to the centre of global factoring in the no distant future. We discuss briefly in Section 2 of this article the State of Factoring in Africa and the factors that had constrained its adoption across the continent. In Section 3 we give a forward-looking view of Africa’s factoring market and factors that will drive the market before concluding in Section 4. Journal of Contemporary Issues in African Trade and Trade Finance, 1(1), 5-14

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