African businesses lose $5BN annually to Intra-African trade barriers
African businesses lose over $5 billion every year to charges, payments and other related costs to intra-African trade barriers. This is according to Mr. Mike Ogbalu, CEO Pan African Payment and Settlement System (PAPSS), Afreximbank at a meeting of the Nigerian American Chamber of Commerce (NACC) themed ‘1 year of AfCFTA (Opportunities, challenges and the…