Governments in Africa need to expedite the ratification of the Addis Ababa Convention and move ahead to enforce it as a matter of urgency if the continent is to catch up with the rest of the world, address parity in education quality, and tackle the rampant brain drain.
Tag: AfCFTA
The not so ingenious idea to conduct transactions in major foreign currencies such as US dollar, British Pound, Euro or the likes anywhere within Africa allows somebody out of the continent to collect a portion of the trade value that is generated through settlement/transfer charges.