Speakers
– Mike OGBALU / CEO, PAPSS
Without payment, there is no trade! Designed to facilitate efficient cross-border payments in African currencies, the Pan-African Payment and Settlement System (PAPSS) supports the implementation of the African Continental Free Trade Area (AfCFTA), aiming to transform the financial landscape of the continent. As we approach the three-year mark, significant strides have been made in PAPSS’s implementation across various African countries. This overview delves into the system’s deployment across African countries, sharing case study in pioneer countries, and introduces a groundbreaking product recently piloted to address corporates facing challenges with movement of funds across the continent. Where are we today on the rollout of PAPSS? What are the challenges? What possibilities does this new product open up for businesses across Africa?
