Global B2B trade generates $240 trillion annually, yet a critical financing gap undermines economic growth. With typical 60-day payment terms, businesses hold around $60-70 trillion in working capital at any time, but available lending covers less than 10% of this need. This leaves over $24 trillion unfunded, costing the global economy $2.4-3.6 trillion annually—equivalent to 2.4-3.6% of world GDP. Developing markets are hit hardest, where up to 80% of companies need external working capital funding.
This session will examine how innovative financing solutions can unlock transformative growth across Africa. Country analyses in Nigeria and South Africa show that comprehensive working capital platforms could increase GDP by 2-4% and employment by over 5%. We'll explore scalable models and emerging technologies that can bridge the gap between massive financing needs and limited traditional banking capacity, turning Africa's working capital challenge into a catalyst for unprecedented economic expansion.
