This Mastercard-backed startup says it will be AfCFTA’s implementation engine
- Brydge was founded in late 2023 to address trade challenges faced by SMBs in Africa.
- The startup has processed ₦4.8 billion ($3.1 million) in transactions and disbursed ₦100 million ($61,000) in trade financing.
- Brydge aims to simplify cross-border payments by partnering with licensed payment service providers.
Brydge's approach to solving the trade barriers in Africa is commendable, as it not only addresses payment issues but also enhances market visibility for SMBs. The startup's focus on building trust and providing a comprehensive ecosystem for trade could significantly impact intra-African commerce. However, the success of such initiatives will depend on sustained collaboration among various stakeholders and the ability to navigate regulatory challenges.
