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Dismantling barriers to cross-border trade

Naija News • 10h ago
Dismantling barriers to cross-border trade
Dismantling barriers to cross-border trade The stage appears set for a significant change in Africa’s trade architecture. Assistant Editor CHIKODI OKEREOCHA reports on how Africa Trade Gateway (ATG)- a trade settlement platform of African Export-Import Bank (Afreximbank) will influence the realisation of objectives of the African Continental Free Trade Area (AfCFTA) and Africa’s global trades. A new lease of life has come the way of manufacturers, exporters, traders, and Small and Medium Enterprises (SMEs) in Nigeria and other African countries. African businesses, which were once classified, depressingly, as facing some of the highest trade finance costs and settlement frictions globally, can now breathe a sigh of relief. This is courtesy of the launch of the Africa Trade Gateway (ATG)...
Source: Original Article. AI-enhanced version.