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Cross-Border Trade

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Africa’s Changing Trade Corridors

Africa’s Changing Trade Corridors Are Creating New Financial Risks For Business

As trade routes shift and intra-African commerce grows, businesses are confronting new currency risks across borders. Global trade is entering a new era of uncertainty. From shifting tariff regimes and geopolitical fragmentation to supply chain diversification and changing trade alliances, businesses around the world are increasingly being forced to rethink where and how they trade. […]

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Life Changing Bridge In Rwanda

DP World Launches Rubavu Logistics Hub, Unveils Life-Changing Bridge In Rwanda

Strategic infrastructure to boost regional trade and transform lives across rural communities. DP World has expanded its footprint in Rwanda with the inauguration of the Rubavu Logistics Hub in partnership with Rwanda’s Ministry of Trade and Industry (MINICOM). The opening of the Logistics Hub coincided with the unveiling of a community bridge in Kabeza a […]

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Ghana official discusses digital cross-border trade project at conference.

Ghana Completes First Proof of Concept in Project DESFT, Paving Way for Digital Cross-Border Trade

The Central Bank of Ghana has announced the successful completion of its first proof of concept (POC) for Project DESFT (Digital Economy Semi-Fungible Token), marking a significant milestone in the realm of digital cross-border trade. Kwame Oppong, Director of Fintech and Innovation at the Central Bank of Ghana, made the announcement during the recently concluded […]

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Women selling eggs at a local market in Africa.

Unlocking Growth: Cross-Border Trade Gives African Entrepreneurs Access To New Markets

Authors: Sejeng Matlhako, Head: Regional Transactional Banking Sales (Business Banking) Absa CIB and Stanley Hlamalani Godi, Regional Segment Head: Relationship Banking Coverage Growth, Absa Group Growth-focused businesses in South Africa are increasingly looking to cross-border trade for opportunities to develop their bottom-line and deepen their revenue channels. A combination of the right banking partner and […]

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Professional businessman in suit for cross-border trade in Africa.

Unlocking Cross-Border Trade: Multigate Secures Money Remittance Business Licenses For Uganda And Nigeria

Multigate, a licensed financial services platform company that delivers secure and innovative digital solutions to address the complex financial needs of corporates and financial institutions, has been granted a Money Remittance Business license by the Bank of Uganda and an International Money Transfer Operator (IMTO) license from the Central Bank of Nigeria. This marks another […]

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