The operational phase of the African Continental Free Trade Area was launched on the 7th of July 2019, while trade under the regional pact has been on for over 6 months now. Afex Commodities Exchange says unlocking the gains in regional trade will require African economies to build a digital economy to foster the production of higher quality goods and services at reduced costs. The CEO of the exchange, Ayodeji Balogun also notes that commodity exchanges will play a major role in boosting regional trade going forward. Ayodeji Balogun joins CNBC Africa for more.
How vital are commodity exchanges to Africa’s regional trade pact?
PUBLISHED: Wed, 07 Jul 2021 11:45:57 GMT