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Africa trade finance needs innovation, tech focus

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(Shutterstock)
(Shutterstock)

Cape Town - Those involved in the finance trade in Africa often overlook what would be needed to catalyse change and deliver on the continent's potential, according to Justin Sherrard, global strategist, food and agribusiness research, at Rabobank.

As the keynote speaker at the GTR Africa Trade Finance Week in Cape Town he said it in his view it really boiled down to leadership.

Jason Barrass, head of Africa trade at Barclays Africa Group, added that the trade finance industry in Africa is rapidly changing because of alternative funding methods and the use of technology.

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