We are excited to announce the release of the third edition of our B2B payments report, The State of Cross-Border B2B Payments in Africa and its Impact on Trade.

Building on the foundation of the past two years, this report digs deeper into trends and opportunities within intra and extra-African B2B payments and how they impact trade on the continent.

Some key highlights:

• The value of intra-African trade reached an estimated $193 billion in 2022, accounting for 13.8 percent of total African trade
• 40 percent of cross-border trade payments between East and West African countries are made in cash
• Out of 32 instant payment systems spread across Africa, less than half can work together seamlessly
• Africa’s share of global trade value has remained stagnant at 3%

This is just the tip of the iceberg. Read our full report for game-changing insights on:

• The role of regional economic communities and initiatives like the African Continental Free Trade Area (AfCFTA) in shaping cross-border payment systems
• The impact of global events and technological innovations on African cross-border B2B payments 
• Future trends and recommendations for navigating the evolving cross-border B2B payment ecosystem in Africa

Download your copy for free today.

We would love to hear from you! If you have any questions or feedback, please do not hesitate to contact us at marketing@tryduplo.com.