Africa Contributes Only 3% to Global Trade

The Head of the Mansa Digital Initiative at the African Export and Import Bank, Maureen Mba, says that Africa contributes only 3 per cent to the totality of global trade. <br />Mba explained that the rationale behind the Mansa Digital Initiative and says there was an urgent need to promote trade across the African continent. <br />The president of the Lagos Chamber of Commerce and Industry, Michael Olawale-Cole emphasised the need for the government to support SMEs due to their strategic importance to the national economy. <br />He noted that Nigeria’s small and medium-sized enterprises have long been the backbone of the economy, contributing significantly to economic growth, job creation, and poverty reduction. <br /><br /><br />This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at <a href="https://www.spreaker.com/show/4166630/advertisement">https://www.spreaker.com/show/4166630/advertisement</a>