This paper evaluates the impact of two export finance support schemes: The Export Finance Scheme (EFS) and the Long-Term Finance Facility for Plant & Machinery (LTFF) on firm-level export performance. These policies offer loans to exporters at concessionary interest rates to finance short-term...

Trade finance, particularly in the form of short-term letters of credit has received favourable capital treatment new Basel III rules. However, concerns have been expressed over the potential negative “unintended consequences” of the newly created leverage ratio for trade. This paper offers...

The COVID-19 pandemic poses risks to African trade. It has contributed to sharp falls in the prices of Africa's top export products and reduced trade with the region's top trading partners. Measures to contain it could impact the region's trade finance market as well. Falling export revenues and...