Africa missing out on global trade opportunities
Friday, August 19, 2022 | 310 Views |
Holding promise: The AfCTA is seen as key in unlocking the continent’s industrialisation through trade PIC: WWW.AU-AfCTA.ORG
Whilst the bigger economies are putting in place measures to remedy living conditions and boost trade among themselves, Africa seems to be a bit slow in executing its agenda and paramount to this have been issues around corruption and governance.
We need to come to acknowledge how global trade has lifted many countries and their people from poverty, through job creation, industrialisation of sectors and services, and ease of access to affordable products.
That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...