The Dawn of Cashless Transactions The East African cross-border trade has been characterized by a rise in mobile money transactions among the member states for over five years now. In an average household in East Africa, a mobile phone is
Cross-Border Mobile Money Transactions For the period of January to August 2023, Tanzania received a total of 1,131,286 international visitors. The largest portion of visitors is from Kenya, which has 11% of the total international visitors. Tanzania is among the
Cross-border trade in West Africa Trading in Africa is motivated by the Africa Continental Free Area (AfCFTA) which influenced Regional Economic Communities (RECs) to work harder and gain economic popularity as a single market. In the Western part of Africa,
African Union 2063 Aspirations Talking to an international conference, Kenya’s president indicated that the country would end visa requirements to all African visitors by the end of the year citing such restrictions as a case of Africa working against herself.
A Single African Market Agenda Africa is still coming to terms with the promise of the African Continental Free Trade Agreement (AfCFTA) to create a single continental market with a population of 1.3 billion people and a combined GDP of
The De-Dollarization of Africa The recent decision by the Central Bank of Kenya to join the Pan-African Payment and Settlement System (PAPSS) marks a significant milestone in the country’s pursuit of enhancing cross-border trade within the African continent. The membership
EA in the Global Context Every passing day spells a new conflict across the world, with the potential for further trade complications. Russia’s armed conflict with Ukraine has caused colossal damage to the global energy supply, leading to almost uncontrollable
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