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man olding and using a phone with a globe in the background showing cross-border payments in Africa

Cross-border payments in Africa, the state in 2023

Cross-border payments are essential for facilitating trade, remittances, and financial inclusion in Africa, a continent with diverse and dynamic economies. However, moving money across borders in Africa is often costly, slow, and complex, posing significant challenges for consumers and businesses alike. According to the World Bank, the average cost of sending

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