The Standard | by Wainaina Wambu
Small businesses in Kenya are set to benefit from a Sh110 billion trade facility to boost their market expansion under the African Continental Free Trade Area (AfCFTA).
This is ahead of a planned roll out of a payment facility to ease currency convertibility across the continent. AfCFTA Secretary-General Wamkele Mene said they were working with commercial banks across the continent to pool funds which would be guaranteed by governments.
“This trade facility will help SMEs overcome the challenge of access to new markets…
