Driving African competitiveness on the global stage
The African Continental Free Trade Agreement (AfCFTA) presents huge opportunity as one of the world's largest trading blocs. The real income gains from full implementation of the agreement could increase by 7 percent, or nearly US$450 billion (World Bank). While corporate banks will face a number of the challenges as a result of increased trade, but technology will be the answer to enabling growth in the long term.
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The African Continental Free Trade Agreement (AfCFTA) presents huge opportunity as one of the world's largest trading blocs. The real income gains from full implementation of the agreement could increase by 7 percent, or nearly US$450 billion (World Bank).
While corporate banks will face a number of the challenges as a result of increased trade, but technology will be the answer to enabling growth in the long term.
