Intra-country trade across Africa is stuttering as businesses struggle to find the foreign currency, most notably the US Dollar, they need to pay for imports - a shortage caused by the depreciation of local currencies, higher interest rates and capital flight in the continent’s developed markets, says findings in latest Standard Bank Africa Trade Barometer.
Intra-country trade across Africa is stuttering as businesses struggle to find the foreign currency, most notably the US Dollar, they need to pay for imports
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