Moji Hunponu-Wusu, president Woodhall Capital has called for a wholesale rethink of SME finance in Africa.
Hunponu-Wusu made this known during a high-level workshop on factoring at the Afreximbank Annual General Meeting, urging policymakers and financiers to mainstream the little-used receivables tool as a liquidity lifeline for small businesses.
Speaking to over 200 stakeholders from finance, policy, and export sectors in Abuja, Hunponu-Wusu framed factoring not as a niche product, but as a “liberation tool” that unlocks value from unpaid invoices, offering African businesses access to capital without debt or equity dilution.