The Secretariat of the African Continental Free Trade Area (AfCFTA) has said it is working on a cross-border trade platform to enhance market access and trade connectivity for Small and Medium-sized Enterprises (SMEs) across the continent.

The digital platform, it said, will enable SMEs to expand their reach and explore growth opportunities in the AfCFTA, while ensuring seamless cross-border trading when the free trade deal takes off in 2021.

“We are exploring various digital-enabled platforms that aim at enhancing market access, trade connectivity of SMEs to new markets across the continent,” Secretary-General of the AfCFTA, Wamkele Mene told a gathering in Accra.

The portal will connect buyers and sellers, as well as service providers such as financial institutions across the free trade zone, thus, serving as an ecosystem of partners for SMEs to meet their financing and business needs in the new digital economy.

“We intend to launch this digital platform for trade for SMEs in time for the start of trading scheduled for January 2021,” Mr. Mene told Business24 in an interview.

Read the full article on the GhanaWeb site: AfCFTA secretariat to unveil cross-border trading platform for SMEs

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