Africa Develops Non-Dollar Payment Systems Amid Trump Warnings

1 min read
Source: Reuters
Africa Develops Non-Dollar Payment Systems Amid Trump Warnings
Photo: Reuters
TL;DR Summary

Africa is making significant progress in establishing local currency payment systems like PAPSS to reduce reliance on the dollar, aiming to lower trade costs and boost regional trade, despite opposition and threats from the US, particularly under President Trump's stance against de-dollarisation efforts.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

5 min

vs 6 min read

Condensed

96%

1,02443 words

Want the full story? Read the original article

Read on Reuters