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Unlocking the SME financing paradox: A $200Bn opportunity to accelerate sustainability with low default rates and good returns
Unsecured SME short-term financing demonstrates low risk and good returns yet struggles to attract financing. We show how ITC, development Banks & business support organisations are plugging the $200Bn supply and demand mismatch in Africa, slashing bank onboarding, short-term financing and transactions costs for MSMEs, to open-up substantial LDC/LMIC sustainable trade and enterprise financing opportunities.
