AfCFTA supports launch of UK–Africa Digital Trade Finance Corridor in Accra
Date: 2026-03-27
By: Nana Appiah Acquaye
The
AfCFTA Secretariat has reaffirmed its commitment to expanding access to trade
finance following its participation in the launch of the UK–Africa Digital
Trade Finance Corridor, known as NeoFingo, in Accra.
The
initiative is aimed at improving access to trade finance for small and
medium-sized enterprises (SMEs) across Africa, enabling them to participate
more effectively in both regional and global markets.
Officials
indicated that the corridor leverages digital innovation and regulatory
collaboration to streamline trade processes and reduce barriers that have
traditionally limited SME participation in cross-border trade.
The
AfCFTA Secretariat noted that the development aligns with its broader
priorities of strengthening financial inclusion, expanding market access, and
accelerating economic transformation across the continent.
Stakeholders
say the NeoFingo platform represents a shift from policy ambition to practical
implementation, providing scalable solutions to support trade under the African
Continental Free Trade Area framework.
