Every day, over a billion Africans engage in buying or selling goods and services within the Micro, Small, and Medium-sized Enterprise (MSME) sector.
While precise data on a day's trade volumes is scarce, the African Trade Report 2022 estimated the value of the continent's goods trade with the rest of the world at $1,180.45 billion in 2021 - an impressive increase of 31.4 percent from 2020. Importantly, 80 percent of this trade occurs within the MSME sector.
