Africa’s path to stronger intra-continental trade relies on collaborative funding value chains that unlock growth for SMEs. Despite the AfCFTA’s potential to boost regional exports and integrate a $22 billion market opportunity, small businesses still face a $100 billion annual trade-finance gap, infrastructure limits, and information barriers. By aligning commercial banks, DFIs, government agencies, and fintech innovators, Africa can streamline due diligence, expand access to liquidity, improve market intelligence, and create a borderless trade ecosystem. This collaborative model can accelerate SME competitiveness, drive cross-border commerce, and help lift millions out of poverty through sustainable economic growth.
Tag: cross-border trade Africa
Driving Africa’s Digital Future: Insights from Tamu Dutuma, Absa’s Head of Strategy & Transformation
Tamu Dutuma, Head of Strategy & Transformation at Absa Regional Operations, shares insights on unlocking SME growth in Africa through technology, cross-border trade, digital payments, and ecosystem collaboration. He highlights the transformative role of fintech, partnerships, and early-stage startup engagement in shaping Africa’s digital economy.
Industry Leaders and Investors Convene at Africa Tech Summit London to Unlock Global Capital for African Tech Ventures
The 9th Africa Tech Summit London, scheduled for June 6, 2025, at the London Stock Exchange, brings together over 350 investors, founders, and industry leaders to unlock global capital for African tech ventures. With the support of key partners such as AWS, Bank of America, and Flutterwave, the summit will explore the future of African startups, offering insights on funding, investment opportunities, and emerging technologies such as Generative AI, Web3, and Digital Identity. High-level speakers will discuss strategies to scale African ventures globally and adapt to economic shifts. The event aims to foster bold conversations, collaborations, and new opportunities for African tech ecosystems to thrive amidst changing economic landscapes.