“I can simply look out of my window and see that there is a problem,” says Viola Llewellyn, co-founder of Ovamba Solutions, a provider of financing for West African small and medium-sized enterprises. The view outside her office window of goods piling up in the port of Douala in Cameroon may not paint a pretty picture, but it’s a vivid image of the scale of the problems African businesses face accessing credit.
Africa – window of opportunity
The African private debt market is often overlooked by institutional investors and debt funds, but the success of some operators prove that the opportunities are there.