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BACB Discusses Nigeria and Intra-African Trade in Specialist Press

Posted on 19/01/2022

Trade Finance , Insights

Nigeria, Africa’s largest economy, has long looked beyond the continent for trade partners. Indeed, trade flows between African nations have historically been low across the board, accounting for less than 17% of overall trade volumes.

But as BACB observed in our recent whitepaper, 2018’s African Continental Free Trade Agreement (AfCFTA), may be set to change this status quo. In a new article for Global Banking & Finance Review, David Oberheim, BACB’s Director for Anglophone Africa, discusses why Nigeria may soon be playing a central role in a more interconnected African economy.

Read the full article here.

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