Africa’s barter agreements not a solution to foreign currency crunch - News Summed Up

Africa’s barter agreements not a solution to foreign currency crunch


For Egypt, a potential barter agreement with Kenya may allow it to import tea without further straining its overstretched foreign reserves. However, such deals are unlikely to go far in easing the hard currency crunch in Africa, experts say. There's more to this story Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Subscribe Now cancel anytime Already a a subscriber Sign In


Source: The North Africa Journal November 13, 2023 14:17 UTC



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