Panafrican News Agency

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

Abidjan, Cote d’Ivoire (PANA) - 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
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