African trade finance sees $5 bn in portfolio outflows in Q1 2020 due to Covid-19, but opportunities exist

Pages: [1] Go Down

Topic: African trade finance sees $5 bn in portfolio outflows in Q1 2020 due to Covid-19, but opportunities exist - report (Read 1492 times)

0 Members and 1 Guest are viewing this topic.

African trade finance sees $5 bn in portfolio outflows in Q1 2020 due to Covid-19, but opportunities exist - report

« on: April 23, 2021, 07:05:47 AM »

African trade finance sees $5 bn in portfolio outflows in Q1 2020 due to Covid-19, but opportunities exist - report

Constrained global financial conditions caused by Covid-19 have led to massive portfolio outflows from Africa, exceeding $5 billion in the first quarter of 2020, a new continent-wide survey on trade finance has shown. About $3.1 billion left the South African market alone, the report found.
Source: African trade finance sees $5 bn in portfolio outflows in Q1 2020 due to Covid-19, but opportunities exist - report

- gist culled from pulseng

Logged

Pages: [1] Go Up

« previous next »

Related Topics

Subject / Started by	Replies	Last post
Aregbesola sees opportunities in financial challenges Started by olutee Newspaper Board	0 Replies 1386 Views	January 02, 2016, 01:00:25 PM by olutee
Finance: Stocks rise amid US-China trade optimism Started by PulseNG General News	0 Replies 2277 Views	September 14, 2018, 07:03:53 AM by PulseNG
Finance: Trump's new trade deal is just NAFTA 'with some bells and whistles,' analysts say Started by PulseNG General News	0 Replies 1584 Views	October 02, 2018, 07:00:52 AM by PulseNG
Finance: American manufacturers are seriously worried about the 'mounting pressure' caused by Trump's trade war Started by PulseNG General News	0 Replies 1513 Views	November 04, 2018, 01:02:11 AM by PulseNG
African CEOs rank Kenya as the most important market for growth opportunities outside their home markets Started by PulseNG General News	0 Replies 2387 Views	September 18, 2019, 01:02:51 PM by PulseNG
NESG sees shortfall in 2020 projected FG revenue Started by clowntom Newspaper Board	0 Replies 1309 Views	May 26, 2020, 07:06:24 AM by clowntom
African Trade Unions Hail Okonjo-Iweala, Insist Trade Rules Respect Workers’ Rights Started by thisday Newspaper Board	0 Replies 2357 Views	February 18, 2021, 01:05:07 AM by thisday
One-fifth Of Nigerian Workers Lost Their Jobs In 2020 To COVID-19 — Report Started by sahara Newspaper Board	0 Replies 1261 Views	September 22, 2021, 07:01:05 PM by sahara
Nigeria’s intra-African trade declines as total trade surges to N72trn Started by observer Newspaper Board	0 Replies 2206 Views	March 12, 2024, 01:04:15 AM by observer
Tinubu in Netherlands, to explore trade, investment, security cooperation opportunities Started by observer Newspaper Board	0 Replies 1333 Views	April 25, 2024, 07:04:07 AM by observer