AfCFTA Could bring a new Upliftment to Africa’s Regional Economy
The African Continental Free Trade Area (AfCFTA) is taking its first steps to fruition. However, it is going to be a long and unsteady road. But, Blockchain technology and Cryptocurrencies are one way of helping implement the agreement across borders.1 Based on the use cases and challenges examined above, it is evident that there are strong arguments in favour of introducing the functionality of cryptocurrencies in the financial architecture of the trade agreement.2 However, for it to achieve success, concerted efforts are needed as necessitated to address the implementation challenges if the gains of adoption are to be realised.3 Principally, the state parties (governments who are signatories to AfCFTA) must be co-opted as the initiative can simply not work with the polit...