Breeze is reshaping the landscape of trade and finance in Africa, leveraging cutting-edge technology to connect African businesses to the global economy.
Transforming the Letter of Credit Process
The Letter of Credit (LC) has long been a cornerstone of global trade, providing a trusted payment guarantee between importers and exporters. Breeze is digitizing the LC process using distributed ledger technology (DLT), reducing processing time to just 24 hours. “Letters of Credit have been foundational to global trade since the Renaissance,” says Chimenem Nnwoka, CEO of Breeze. “But their workflows haven’t kept pace with modern needs. Breeze is bringing LCs into the digital age.” This innovation addresses Africa’s $120 billion trade finance deficit.
A Unified Network for Trade
Breeze is building a unified network for trade, streamlining legacy workflows and digitizing essential trade documents. This platform fosters trust among merchants and financial institutions, enabling seamless cross-border operations. Through strategic partnerships, Breeze is expanding rapidly across Africa, LATAM, the Caribbean, and MENA.
Tailored Solutions for Trade Challenges
Africa’s trade environment presents unique challenges from currency fluctuations to a lack of financial inclusion. Breeze addresses these with tailored hedging solutions and innovative financial instruments. For small businesses, Breeze's digitized solutions simplify international trade, while larger enterprises gain access to capital and new growth opportunities.
Breeze is paving the way for a prosperous and connected Africa in the global trade system, enhancing access to financing and eliminating inefficiencies. This is the beginning of a transformation that promises to redefine Africa's role in global trade.
