Tag: Afreximbank

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Afreximbank, Morocco sign MoU for $1bn trade, investment programme

Kindly leave a comment and share Chuks Udo Okonta African Export-Import Bank (Afreximbank) has entered into a memorandum of understanding (MoU) with the Government of Morocco, represented by the Ministry of Economy and Finance, to develop a US$1billion Morocco-Africa Trade and Investment Promotion programme. According to the terms of the […]

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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 […]