Good Morning Africa

The trade ecosystem digitalization holds the potential to increase trade by nearly $9 trillion.

March 13, 2024 The K Financial
Good Morning Africa
The trade ecosystem digitalization holds the potential to increase trade by nearly $9 trillion.
Show Notes

🎙Technology is revolutionising global commerce and investment, and digitalizing the trade ecosystem holds the potential to increase trade by nearly $9 trillion by 2026 within the G7 alone.

🎙 WTI crude futures surged past $78 per barrel on Tuesday, fueled by OPEC's optimistic outlook on global oil demand growth in 2024 and 2025.

🎙 Economic growth surprised to the upside in Rwanda, with the latest national accounts data indicating that the economy expanded by a stellar 8.2% in 2023 – against our forecast of 6.7%.

🎙 Namibia and South Africa are in talks to launch infrastructure projects worth R7bn ($377 million) over the next three years to address current rail and port inefficiencies.

🎙 The Capital Markets Authority has invited the public and stakeholders to give heir views on proposed amendments to proposed trading regulations.