Trade Finance Workshop with the Tanzania Bankers Association

Dec 05, 2024 - Dec 06, 2024 | Dar es Salaam, Tanzania

Making Finance Work for Africa (MFW4A) and the Tanzania Bankers Association (TBA) co-hosted a workshop aimed at enhancing understanding of global trends in trade finance and exploring Tanzania's trade finance market. The workshop was designed for professionals from banks, non-bank financial institutions, trade regulatory bodies and export/import trade associations in Tanzania.

African trade reached over USD 1.3 trillion in 2023, yet it represents only 2.8% of global trade volume. Intra-African trade, estimated at USD 187 billion, accounts for just 14.2% of the continent's trade, though it is expected to grow significantly with the Africa Continental Free Trade Area (AfCFTA).

This workshop offered a platform to:

  • Share insights on Africa’s trade finance markets, featuring trade finance instruments, technology-driven solutions, and initiatives from partner organizations aimed at facilitating trade finance in Africa.
  • Identify business opportunities and promote partnerships to support local businesses, including small and medium-sized enterprises (SMEs), in meeting their trade finance needs for imports and exports.
  • Pinpoint capacity gaps and obstacles to implementing policy priorities that can boost trade finance and intra-African trade, thereby contributing to the success of the AfCFTA agenda.

A full post-event report is available HERE

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