Blockchain technology is a new way of storing information that can be used to make cross-border trade easier in Africa. It works by creating a digital ledger that records all the transactions made between different parties. This means that everyone involved in the trade can see what has happened, which helps to reduce fraud and increase trust.

One example of how blockchain could be used is with payments. Instead of using traditional banks, people could use blockchain to send money directly from one country to another. This would mean that there are fewer intermediaries involved, which should make the process faster and cheaper.

Another benefit of blockchain is that it allows for smart contracts. These are computer programs that automatically execute when certain conditions are met. For example, if a company wants to buy goods from another country, they could set up a smart contract so that payment is only released once the goods have been delivered.

Overall, blockchain technology has the potential to revolutionize cross-border trade in Africa by making it more efficient and secure. However, there are still some challenges such as regulatory issues and lack of infrastructure that need to be addressed before this becomes a reality.