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AfCFTA implementation hurdles threaten gains for African businesses

Mene said fragmented systems across African markets continue to increase the cost and complexity of doing business, despite the creation of a single continental market intended to expand opportunities…

  • AfCFTA implementation faces fragmented systems, increased costs, and complexity
  • Cross-border payments, customs processes, and infrastructure need improvement
  • Currency conversion costs linked to intra-African trade estimated at $5 billion annually

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