President Ruto questions why Africa keeps trading in dollars

  • | K24 Video
    607 views

    Why are we using dollars in our trade as Africa? these are the sentiments of president william ruto who is now rallying for a unified payment system in Africa saying that lack of the same has been hindering the ease of doing business in the region. speaking during the opening ceremony of the private sector dialogue in Nairobi, President Ruto lauded the move by Afrexim bank over its plans to establish pan-African payments and settlement systems, that will facilitate intra-Africa and extra-Africa trade. he says the platform will aid in averting dollar reliance in the region