Kampala law firm, Cymbell Advocates partners with London-based Rexton Capital Partners to offer unsecured Trade Finance facilities in Uganda Since 1998, Rexton Capital has built expertise in complex trade transactions in various jurisdictions on all continents. The facilities on offer in Uganda will include Letters of Credit, Bank Guarantees, Bid/Tender Bonds, Comfort Letters, Proof of Funds, among others.
International shipping containers at Mombasa Port, in Kenya. The partnership between Cymbell Advocates and London's Rexton Capital, promises to ease international trade as well local contracting by making available such key trade facilities as Letters of Credit, Bank Guarantees, Bid/Tender Bonds, Comfort Letters, and Proof of Funds at affordable rates
International trade has been recognized as Africa’s answer to overcome the disadvantages of the continent’s relatively small economies. Unfortunately, such trade is hampered by various factors, key among which is Access to affordable finance or facilities. For many African countries, Uganda inclusive, the cost of finance is prohibitive, and the options are limited.
In many cases, financ
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