As trade wars rock the world, Africa could find solutions to new markets through the African Continental Free Trade Area (AfCFTA). However, among the many challenges in getting the AfCFTA off the ground is the high cost of capital for African states. Countries cannot invest in the infrastructure needed to facilitate trade if they are servicing unmanageable debt.
Business Day TV discussed this in detail with Luthando Vuba, executive head of international trade in Standard Bank’s Business and Commercial Banking division at an event the lender hosted about financing Africa forward.
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