Pan-African Payment and Settlement System will transform trade across the continent, says CEO Mike Ogbalu
Earlier this year, the Pan-African Payment and Settlement System, also known as PAPSS was launched across 12 banks in Africa. This system enables payment transactions and alleviates trade issues across the continent, which deals in more than 40 currencies. The platform was launched by Africa Export-Import Bank in collaboration with African Union (AU) and African Continental Free Trade Area (AfCFTA). Mike Ogbalu, CEO, Pan-African Payment and Settlement System joins CNBC Africa for more.
Fri, 18 Feb 2022 15:46:33 GMT