Recently, there is no study on Africa’s economy that does not mention the share of intraregional trade in the continent, noting that such a share is significantly lower than in other regions of the world. The latest edition of Africa’s Pulse, the bi-annual publication of the Office of the Chief Economist in the World Bank Africa Region is not an exception. The report clarifies that the average share of trade within Sub-Saharan Africa was only 16 percent in the period between 2013 and 2017, noting that such a share is substantially lower compared to that in North America (56 percent in 2013–17), Asia (60 percent), and Europe (68 percent). However, these statistics in Africa must be taken with a pinch of salt, given the highly informal and predominantly cash-based nature of its economy, where formal and informal transactions are largely mediated by intermediaries.