New payment system to save AfCFTA US$5 billion

NEW payment system that allows the use of domestic currencies within the African Free Continental Free Trade Area (AfCFTA) could save the bloc US$5 billion in conversion costs, an official has said. AfCTA secretary-general Wamkele Mene told the media in Harare last week that the new system is being piloted in Gambia, Ghana, Nigeria, Guinea,…

Subscribe to read full article. Subscribe today

Related posts

Growth outlook cheery: Experts

Mideast conflicts unsettle industry

Tobacco auction floors open 

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More