The Role of AfCFTA Trade Agreements in Transforming Cross-Border Payments

AfCTA summary image

As Africa continues its ascent as a global economic powerhouse, the African Continental Free Trade Area (AfCFTA) emerges as a transformative initiative, poised to revolutionize the continent's trade dynamics and economic integration. A pivotal aspect of this transformation is the enhancement of cross-border payment systems, which have historically posed challenges for African businesses engaged in intra-continental trade.

What you get inside this report:

  • An overview of AfCFTA and why it is the world's largest free trade body 

  • AfCFTA’s impact on your business and how it can help save approximately $5 billion annually in transaction costs.

  • How to navigate cross-border payments with African countries.

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