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Pan-African Payment and Settlement System

Afreximbank, AU, AfCFTA Launch PAPSS to Boost Intra-African Trade

Africa has taken a major step toward financial sovereignty and seamless intra-continental trade with the unveiling of the Pan-African Payment and Settlement System (PAPSS) in Lagos, a joint initiative by Afreximbank, the African Union and the AfCFTA Secretariat. The launch, held at the maiden Conference on Worldwide and Regional Payment (COWRY), marks a historic effort […]