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Financial Inclusion: Policy fragmentation, dollar dependence stall cross-border payments in Africa

Financial Inclusion: Policy fragmentation, dollar dependence stall cross-border payments in Africa

Cross-border payments in Africa remain among the most expensive in the world, despite the rapid growth of instant payment systems across the continent. Sending $200 to another African country can cost as much as 7.9 per cent, more than double the United Nations Sustainable Development Goal target of...

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