‘African companies are good payers’

Ed Richardson
African companies are better payers than those from Europe and North America according to Credit Guarantee.
General manager exports, Gernot KrŸger, says the company settled more claims last year for non-payment by trading partners in Europe and North America than those in Africa.
KrŸger made the statement when reaffirming Credit Guarantee’s 3C credit ratings for Nigeria and Angola, two of the fastest growing African destinations for the country’s exporters.