Zvilo joins Trade Finance Conference of Parties (COP) Task Force launch session as founding partner

Leading working capital solutions provider spearheads mission to halve the $2.5 trillion global financing gap by 2030, and eliminate it by 2040

The Trade Finance Conference of Parties (TF COP) Task Force officially launched in Seville last week, with Zvilo as a founding member. Anchored by a coalition of global institutions committed to closing the $2.5 trillion financing gap, the Task Force aims to turn discussions into actionable delivery.

The launch event, held in conjunction with the United Nations’ Fourth International Conference on Financing for Development (FFD4), marks a pivotal moment for the trade finance community. Despite significant efforts by the international community to address interlinked global challenges, the gap between sustainable development goals and the financing required to meet them has continued to grow, particularly in developing countries.

Mission to eliminate trade finance gap by 2040

TF COP members share a unified goal to halve the trade finance gap by 2030 and eliminate it by 2040. The Task Force will act as a collaborative forum, focused on overcoming the trade finance gap by creating and implementing innovative solutions to close the gap.

The Task Force includes a wide range of participants, such as development financial institutions including the African Development Bank, British International Investment and the International Finance Corporation; trade bodies, including BAFT, FCI and ICISA; and other private sector corporations.

The Task Force will also engage with the United Nations to recognise the trade finance gap as a critical barrier to achieving the UN Sustainable Development Goals, positioning its resolution as a key sustainability priority.

Zvilo’s mission in Africa in line with TF COP Task Force goals

“Zvilo is proud to join TF COP Task Force under the ITFA. Our company mission has always been to provide working capital across developing regions and address growing global trade challenges with accessible solutions,” said Admir Imami, CEO at Zvilo.

“As founding members, we are confident that the combined experience of our leadership team can steer the conversation in the right direction. Addressing the global trade gap through trust, addressing inequality and access, and giving capital where it is needed most is where Zvilo shines best.”

“Zvilo’s current ambitions to bring trade finance and supply chain support across Africa fall directly in line with the TF COP Task Force mission,” says Peter Maila, Zvilo Africa CEO. “The gap across Africa alone is $120bn and growing, and thus addressing this with Zvilo’s expansion mission in tandem with the TF COP Task Force goals will help provide  critical trade liquidity support and regional impact.”