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What are cross border payments? Simply put, cross border payments are payments where the payee and beneficiary are based in separate countries. A typical cross border payment is a multi-player process which starts when a purchase transaction is initiated, and
The African Continental Free Trade Area (AfCFTA) is expected to increase intra-African trade in transport services by nearly 50 per cent, according to the latest estimates by the Economic Commission for Africa (ECA). The estimates on, ‘Implications of the African Continental
WTO Boss, Dr Okonjo Iweala stated that for Africa to make the African Continental Free Trade Area work, the focus needs to be on logistics and simplifying movements of goods and services across the continent. She disclosed this at the UBA
Africa is a continent of entrepreneurs; people with great ideas and a passion for execution. The increase in foreign investment has paved the way for African brands to compete on an international scale and many companies find that although they
• AfCFTA, the largest global free trade area by countries participating, could transform the continent’s economic prospects. • It aims to be a model of cross-border cooperation in an era of growing isolationism. • The agreement must overcome implementation challenges
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