🧵 Africa’s SMEs are paying the price for broken cross-border payments. Small and medium-sized businesses are the backbone of Africa’s economy yet many struggle to send and receive payments across borders quickly and affordably @UtribeOne@MamadouTribeOne@olaniyi_Alabi_
Everyone talks about making cross-border payments faster.
Very few talk about why they're still expensive.
The biggest problem isn't speed.
It's trapped liquidity. @UtribeOne
Here's why this matters for Africa. 🧵👇
A business owner in Nigeria pays a supplier in Kenya.
The payment leaves the account instantly.
But then... nothing.
Hours turn into days. The supplier keeps asking, "Has the money arrived?" The sender only has one answer: "It should have."
A thread 🧵
@UbuntuTribe
1/ Cross-border payments should connect Africa not slow it down. 🌍💸
Yet today, too many businesses and individuals still face high fees, delays, and fragmented systems.
It’s time to fix the last mile. 🧵👇
@UtribeOne@MamadouTribeOne@olaniyi_Alabi_@faizahnaserian
@UtribeOne@MamadouTribeOne@Olaniyi_Alabi_@faizahnaserian 6/ Africa’s people move fast. Its businesses move fast.
Our money should too.
Solving the last-mile problem isn’t optional it’s essential.
It’s how we unlock the next phase of Africa’s growth.
Join the conversation 👇
https://t.co/1ZrSXCT3f7
1/ Cross-border payments should connect Africa not slow it down. 🌍💸
Yet today, too many businesses and individuals still face high fees, delays, and fragmented systems.
It’s time to fix the last mile. 🧵👇
@UtribeOne@MamadouTribeOne@olaniyi_Alabi_@faizahnaserian
@UtribeOne@MamadouTribeOne@Olaniyi_Alabi_@faizahnaserian 5/ So what needs to change? ⚙️
✔️ Better payment infrastructure
✔️ Stronger interoperability between systems
✔️ Smarter liquidity management
✔️ Real collaboration across providers
Fixing the last mile means:
⚡ Faster settlements
💸 Lower costs
🌍 More inclusion
Cross-border payments should connect Africa, not slow it down.
Yet many businesses and individuals still face high fees, delays, and fragmented payment systems. It's time to fix the last mile.
@UtribeOne@MamadouTribeOne@olaniyi_Alabi_@faizahnaserian
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