Frontier Africa Reports

Afreximbank, AfCFTA Unveil Pan-African Payment System - CEO, PAPSS

The African Export-Import Bank and the #AfCFTA Secretariat on Tuesday, announced the operational roll-out of the Pan-African Payment and Settlement System or #PAPSS. The PAPSS has been described as a revolutionary Financial Market Infrastructure that will enable instant, cross-border payments in local currencies between African markets, under the new intra-Africa trade arrangement...#MikeOgbalu the CEO at Pan- African Payment & Settlement System in Cairo discussed this further.