Nigerian investment management firm ARM is preparing to launch a new trade finance fund aimed at increasing access to trade finance for small and medium-sized enterprises (SMEs) across Africa. The fund will work by providing loans to banks on the continent, thereby strengthening their ability to extend financing to local businesses involved in trade.
The initiative, known as the ARM African Trade Finance Fund (AATFF), is expected to play a key role in bridging the trade finance gap that many African SMEs face. It is designed to enhance liquidity and support cross-border trade activities, which are often constrained by limited financing options available to smaller firms.
The fund is being led by George Wilson, who brings significant industry experience from his previous role as head of institutional trade finance at Investec. His leadership is expected to help drive the fund’s strategy and execution in promoting inclusive economic growth through improved access to trade finance.
