Driven by booming sectors such as technology, agriculture, and natural resources, Africa is attracting increasing attention. The continent presents a particularly compelling opportunity for UK companies looking to expand in a post-Brexit world.
Yet, despite Africa’s rising economic profile, the complexities of cross-border payments remain a significant hurdle. While the continent races ahead in many areas, its financial infrastructure lags, creating challenges for businesses transacting across borders.
Why Africa is the new frontier
The rapid growth of Africa’s emerging economies is strengthening its appeal as a key trade destination. Countries like Nigeria, Kenya, and South Africa are driving investment across sectors, supported by young, tech-savvy populations powering consumer demand. With over 60% of the continent’s population under 25 and digital adoption rising, the conditions for innovation and scalable growth are rapidly evolving.
This shift presents a golden opportunity for UK companies looking to extend their international reach….
