Africa Faces Annual $5 Billion Loss from Forex Trading
Reimagining Trade in African Economies
We often hear the phrase "money makes the world go round," but have you ever paused to consider whose money does that? For the African continent, the answer often points towards foreign currencies. Unfortunately, these aren't just facilitating trade; they're silently eroding Africa's economic potential.
Historically, African nations have predominantly conducted trade—both amongst…