Cape Town, 7-8 March, 2024
GTR Africa returns to Cape Town, South Africa on March 7-8, 2024, marking 18 years in the region. Having welcomed 525 market leaders in 2023, the next edition will once again deliver a highly anticipated opportunity to connect with the key players and companies across Africa’s trade, supply chain, commodity and infrastructure finance community.
Join us on the 7th March for an informative session where Surecomp industry speaker will be sharing practical insights.
11:20-12:05 | Poised to support trade growth: Combatting macroeconomic challenges with enhanced receivables financing capabilities
The capability of factoring and accounts receivables financing to both mitigate risk and accelerate payment holds great promise as a driver of African trade growth, but one that has been held back by the lack of a solid legal and regulatory framework and the challenges faced when operating across multiple jurisdictions.
This discussion will highlight the trends driving demand for these flexible lines, from their potential to increase sales volumes through the release of working capital to the reduction of late and non-payment risks. Offering practical guidance on the deal structures utilised across factoring and ‘true sale’ receivables financing, this expert group will assess the measures being taken to enhance the product’s viability through industry standardisation, and the need to establish a robust legal and regulatory framework for receivables facilities in order to further enhance the financing toolbox for Africa’s traders.