CDC unveils record levels of trade finance to Africa and South Asia

CDC Group, the UK’s development finance institution, has announced a record month for its trade guarantee programme, with over $500 million guaranteed across 350 transactions in March in Africa and South Asia. This is in addition to a $100 million trade loan facility made available to one of Africa’s leading banks. 

Since launching the Trade Finance programme in 2015, CDC has guaranteed $3.3 billion, resulting in $12.5 billion of trade across its markets of Africa and South Asia.