Writing as a trade finance professional with a long background in the business, Dave Meynell offers his personal views on factors contributing to the sharp reduction in ICC Official Opinions issued over the past several years.
Year-end 2021 financial results released by African Export-Import Bank (Afreximbank) revealed a sizable increase of nearly 30% in guarantee and LC support in Egypt from USD 2.35 billion in 2020 to USD 3.043b in 2021.
