The money left at home: A quiet bid within Africa for financial sovereignty.
Can Africa finance its development - with its own currencies?
Intra-African trade is below 18 percent, while borrowing in foreign currencies keeps the continent paying a premium on its prosperity. Foreign currency borrowing makes Africa pay a premium for its own prosperity. New rails are emerging: The Pan-African Payments and Settlement System regulates trade in local currencies, and the AfCFTA scales the market to match.
At PanAfricanFrequency, development finance expert Jason Rosario Braganza explains how local currency settlement and global south currency exchange can underpin a new financial architecture – and why execution, not vision, is now the test.
Listen to the full conversation at:
our site.
Apple Podcasts and your favorite streaming platforms.
You can also find podcasts on Telegram using the SputnikRadio hashtag.
Sign up for .
Sputnik Africa | X.