African SMEs grapple with $330bn financing shortfall
Visitors shop for African products at the 4th China-Africa Economic and Trade Expo, held at the Changsha International Convention and Exhibition Centre on June 15, 2025.
Africa’s annual trade financing gap is locking out small businesses from taking part in continental commerce, the African Export–Import Bank (Afreximbank) says.
Afreximbank blames part of the problem on high costs of credit, which keeps small and medium-sized enterprises (SMEs) out of intra-African trade.
