Tag: AfCFTA announce operational roll-out of Pan-African payment

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Afreximbank, AfCFTA announce operational roll-out of Pan-African payment, settlement system

Leave a comment and share Chuks Udo Okonta African Export-Import Bank (Afreximbank) and AfCFTA Secretariat have announced the operational roll-out of the Pan-African Payment and Settlement System (PAPSS), a revolutionary Financial Market Infrastructure to enable instant, cross-border payments in local currencies between African markets. By simplifying cross-border transactions and reducing […]