Stanbic IBTC Supports Digital Trade Payment Solution with First Outbound PAPSS Transaction
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, completed the first outbound and inbound transaction on the Pan-African ...
Tag: Pan African Payment and Settlement System
How Africa can protect itself from the effects of western sanctions on Russia
The sanctions on Russia should be a wake-up call for African leaders that reliance on western capacity for trade can ...
Understanding the hype around PAPSS and how it works
The dream of an integrated market in Africa seems to be coming to reality with the recent introduction of the ...
CBN urges financial institutions to accept and recommend PAPSS to businesses in Nigeria
The Governor of the Central Bank of Nigeria (CBN), has said that the financial institutions under its jurisdiction will accept ...
AfCFTA: Payment and settlement system to save Africa $5 billion annually – Sec-Gen
The Secretary-General of the Africa Continental Free Trade Area, Mr Wamkele Mene has revealed that the Pan-African Payment and Settlement ...
AfCFTA: 38 countries ratified, to begin Pan-African payment settlement system – Sec-Gen.
The AfCFTA has disclosed that 38 countries have now deposited their instrument of ratification of the agreement.
