In this third article of our four-part AfCFTA Explainer Series, we focus on digital compliance. In our previous features, we explored the shift to industrialisation and how to reclaim trade margins using PAPSS (the Pan-African Payment and Settlement System, a centralised financial infrastructure established by Afreximbank and the AfCFTA Secretariat to facilitate secure, local-currency payments… Continue reading AfCFTA Explainer Series (3/4): Your QR code to trade – how to master digital compliance and clear border hurdles
Tag: sustainable development
AfCFTA Explainer Series (1/4): Navigating the shift to industrialisation (MSMEs)
Discover what the AfCFTA transition from negotiation to implementation means for your business. Learn how new digital trade tools and industrialisation mandates can unlock opportunities for your MSME.
AfCFTA: The industrial mandate – why Africa’s economic future depends on local value addition
Exporting raw wealth only to import expensive, finished goods is not just an economic inefficiency, it is a cycle that keeps the continent in a state of perpetual dependency. Africa currently trades at only 18% intra-continentally, a stark contrast to Asia’s 65% and Europe’s 70%. As Secretary-General Wamkele Mene noted at the inaugural meeting of… Continue reading AfCFTA: The industrial mandate – why Africa’s economic future depends on local value addition