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Yes, Axum was a crucial hub in the trade routes connecting Africa, the Mediterranean, and India. Its strategic location along the Red Sea facilitated trade between these regions, allowing for the exchange of goods such as gold, ivory, and spices. The Axumite Empire's wealth and influence grew through this commerce, making it a significant player in the ancient global economy. Additionally, Axum served as a cultural and religious bridge, further enhancing its importance in the region.

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