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Browsing: eforex for central banks
- Africa is experiencing growth in the export of goods and services and its economics outline promising opportunities for further growth.
- As trade volumes continue to rise and digitalization shapes e-commerce, customs, port, and border administrations must adapt quickly to ensure smooth clearance processes, accurate tracking, regulatory compliance, and timely delivery.
In today’s fast-paced world of trade, the demand for efficiency and transparency has never been more pronounced. Digitalization and cutting-edge technologies have continued to streamline trade processes fostering a more efficient trading ecosystem.
Annually, the European Commission’s Customs Union manages a staggering €3.5 trillion in goods trade, highlighting how vital it is to have smooth customs and clearance control checks. In the past decade, Africa has experienced growth in the export of goods and services and its economics outline promising opportunities for further growth aimed at facilitation and integration.
As trade volumes continue to rise and digitalization shapes e-commerce, customs, …