Digital trade is one of the promising areas for the African Continental Free Trade Area (AfCFTA) and a factor of succcess of the African Union Digital Transformation Strategy (DTS) for Africa (2020–2030). However, the benefts of digital trade are…
When we proxy trade finance by the sum of trade finance loans and export-adjusted notes receivable, elasticity estimates range between 0.18-0.31 depending on the sample of exporters. These estimates are comparable to single and multi-instrument…