French foreign trade insurance company Coface recently released the global business credit risk assessment data for the second quarter of 2018. The total number of countries participating in the assessment is 160, including 49 African countries. So which country is the best country for African foreign trade credit? In order to provide real-time decision-making reference for Chinese companies to explore the African market, China-Africa Trade Research Center has specially compiled the ranking data of African countries' commercial credit risk assessment in the second quarter of 2018. It is reported that the commercial credit assessment data is mainly compiled based on the macroeconomic, financial and political data of African countries. According to the highest to lowest foreign trade credit, the ranking is divided into 8 levels of risk rankings: A1, A2, A3, A4, B, C, D and E. Morocco, Kenya, Botswana and Mauritius are currently the four countries with the best foreign trade credit in Africa, with a rating of A4; The credit ratings of the nine African countries represented by Egypt, Senegal and Cape Verde are Grade B; The credit ratings of 15 African countries represented by Algeria, Tunisia and Guinea are Grade C; The 14 foreign countries represented by Mauritania, Mali, Guinea Bissau, etc. have a foreign trade credit rating of D; The seven foreign countries represented by Libya, Sudan, Eritrea, etc. have a foreign trade credit rating of E. For foreign trade enterprises exporting to the African market, they can be used as a reference when making market risk assessments. |
