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Africa

Africa (sub-Saharian) is gaining increasing strategic significance for the world economy. China and India are expanding their business in Africa. More than 0.910 billion people live in Africa, divided among 47 countries. It is estimated that more than half of them have to live on one dollar or less per day. However, the other half has money to spend and is searching increasingly for products and services. There are even surprising possibilities among the poor. The risks of investments in Africa remain high, as is the case for most emerging markets.

Economic output of Africa

Currently: www.tradingeconomics.com
(Source: The World Bank 2012)

GDP: 1.288 trillion USD
Population: 0.910 billion
GNI per capita: 1,345 USD
Main import partners: European Union, USA, China, Japan
Main export partners: China, India, European Union, USA

"B2B" bankruptcy distribution

Average rate: 27%
Average process duration: 3,4 years
Average costs of insolvency proceedings: 18.5% of the insolvency value.

News

China's Credit Growth

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White Paper on the requirements of the GDPR

How will the GDPR influence debt collection? Will collection companies still be allowed to collect and process personal data? - Yes! That is the conclusion of a new White Paper, recently published by the German Association of Debt Collection Companies (BDIU).
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Late payment Europe

Under EU law, whenever business' clients pay their invoices late, late payment interest can be claimed.
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Exchange Rates

1 € (EUR):
AUD 1.59830
CAD 1.55570
CNY 7.74490
GBP 0.87608
HKD 9.65680
INR 81.39000
JPY 132.41000
MYR 4.79240
MXN 22.74240
KRW 1316.26001
CHF 1.19700
THB 38.55200
USD 1.23090
22.04.2018 © EZB

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