AfCFTA and Bitcoin: Is the crypto key to trade agreement’s success?

May 16, 2022 AELEX Admin 0 Comments

The African Continental Free Trade Area, if implemented successfully, promises an economic fortune in Africa. The free trade area will awaken the untapped potential and increase prosperity through increased intra-African trade. Currently, intra-African trade is meagre, contributing to only 14.4 per cent of Africa’s total exports. A statement by the United Nations Conference on Trade and Development (UNCTAD) says the AfCFTA has the potential to increase intra-African trade by up to 33 per cent and cut the continent’s trade deficit by 51 per cent.

Read more..

Leave a Reply:

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.