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Silent trade, also called silent barter, dumb barter ("dumb" here used in its old meaning of "mute"), or depot trade, is a method by which traders who cannot speak each other's language can trade without talking. Group A would leave trade goods in a prominent position and signal, by gong, fire, or drum for example, that they had left goods.
Other anthropologists have questioned whether barter is typically between "total" strangers, a form of barter known as "silent trade". Silent trade, also called silent barter, dumb barter ("dumb" here used in its old meaning of "mute"), or depot trade, is a method by which traders who cannot speak each other's language can trade without talking ...
Okpogho is one of the most ancient cities in Africa located in today Enugu State of Nigeria. Okpogho is well known for her distinguished strides in iron smelting which ended the world's trade by barter system. The originality of Okpogho could be traced from earlier ancestor called Ezeanyanwu a great worrior, farmer and healer (herbalist).
Many African countries change their currency's appearance when a new government takes power (often the new head of state will appear on bank notes), though the notional value remains the same. Also, in many African currencies there have been episodes of rampant inflation, resulting in the need for currency revaluation (e.g. the Zimbabwe dollar).
Opone (Ancient Greek: Ὀπώνη ἐμπόριον) was an ancient seaport and emporium located in present-day Somalia. It is primarily known for its trade with the Ancient Egyptians, Romans, Greeks, Persians, and the states of ancient India. [2] [3] The historic port has been identified with the city of Hafun through archaeological remains. [4]
Map of Phoenician settlements and trade routes. The Phoenician settlement of North Africa or Phoenician expedition to North Africa was the process of Phoenician people migrating and settling in the Maghreb region of North Africa, encompassing present-day Algeria, Libya, Morocco and Tunisia, from their homeland of Phoenicia in the Levant region, including present-day Lebanon, Israel, and Syria ...
The tale of the wealth of the Mansa of Mali spread far around the globe, making the Malian Empire one of the most famous African empires of its time—even being featured on ancient European maps. Mansa Musa has been claimed to have been the richest person to have ever lived, with an estimated net worth adjusted for inflation of $400 billion ...
Ancient cities dating to the First Dynasty of Egypt arose along both its Nile and Red Sea junctions, [citation needed] testifying to the route's ancient popularity. It became a major route from Thebes to the Red Sea port of Elim, where travelers then moved on to either Asia, Arabia or the Horn of Africa.