March 22, 2023

DG Okonjo-Iweala: Trade finance is lifeblood for African small businesses

In a video message to a trade finance workshop in Kigali, Rwanda, on 22 March, Director-General Ngozi Okonjo-Iweala stressed the importance of dismantling financing barriers for small traders in Africa to increase their participation in global trade. She welcomed the opportunity for dialogue among banks, local government agencies and businesses, underlining this could lead to better cooperation. International Finance Corporation (IFC) Managing Director Makhtar Diop also provided a video message. The workshop, established at Rwanda’s request, was organized by the WTO and IFC with the support of the Rwandan government.

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