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Africa’s Single Portal For All Trade Services

The import-export bank of Africa (Afreximbank) has launched a single electronic window to bring together all the key parts of Africa’s digital ecosystem for trade. 

The ATG (Africa Trade Gateway) is the one portal which gives access to its five digital platforms - The customer due diligence platform Mansa; the Pan-African payment and settlement system (PAPSS), this scheme enables payment for intra-African trade services in national currencies; the Trader Club, it is a network for international businesses aimed at fostering growth in Africa; e-commerce platform the Africa Trade Exchange and ATG connect, which provides connectivity solutions for freight and logistics.

This single portal for all trades was launched last week in the annual meeting of Afreximbank in Ghana which was in conjunction with the African Continental Free Trade Area (AfCFTA) secretariat, “the ATG is designed to support and promote intra-African trade, including the implementation of the AfCFTA”, Afreximbank says.

“Each one of our digital interventions is designed to address the identified challenges and barriers for those seeking to engage in African Trade and Investment”, said Kanayo Awani, executive vice-president, Intra-African Trade Bank.

The intention to start the gateway is to “quicken regional interaction, extend, and create new access markets and accelerate the digital economy in Africa”, Awani stated, adding this will allow customers to complete all their transactions within one window.

Related Read: Kenya Signs EU Trade Deal: Brussels’ Ties Boosted

The AfCFTA was signed in 2018 to create a single African market for goods and services. Digitalisation will remain vital in this process, as Rwanda’s minister of trade and industry, Jean Chrysostome Ngabitsinze pointed out in the recent discussion of AfCFTA’s progress.





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