The Villager Newspaper·4 min read·medium
Fragmented Systems Cost Africa Around US$100 billion Annually
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✦AI Summary
The AfCFTA Secretariat reports that fragmented digital systems cost Africa approximately $100 billion annually in lost trade and investment. A new partnership with the Abu Dhabi-based ADI foundation aims to mobilize $1 billion to build interoperable digital trade infrastructure.
The African Continental Free Trade Area (AfCFTA) has noted that Africa’s fragmented systems are costing the continent billions in intra-trade, investment and convenience.
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