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In Africa, a Payment Platform Already Makes It Possible to Dispense with the Dollar
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A new pan-African payment platform now allows African countries to trade directly using their local currencies, without turning into US dollars. This innovation aims to reduce the continent's dependence on US currency, an economic incentive for many African states.
Using African currencies without a conversion into dollars, a new pan-African payment platform aims to end the dependence of African countries on the dollar in their trade. An ambition also pursued by the Brics+, which will meet on July 6 and 7 in Brazil.
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