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AU, Afreximbank, AfCFTA inaugurate Pan-African payment, settlement systems

The African Union, African Export-Import Bank (Afreximbank) and AfCFTA have inaugurated the Pan-African Payment and Settlement System (PAPSS), thereby making it available for use by the public. PAPSS is a cross-border, financial market infrastructure enabling payment transactions across Africa. The commercial launch of PAPSS, which took place in Accra, Ghana, virtually and physically, would ensures…

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Pan-African Payment System will enhance transactions in Africa — President Akufo-Addo

Ghana’s President, Nana Akufo-Addo, says the inauguration of the Pan-African Payment and Settlement System (PAPSS) will accelerate transactions in Africa. Akufo-Addo, represented by the Vice President Dr Mahamudu Bawumia, spoke at the inauguration of PAPSS in Accra, Ghana, monitored virtually According to him, the ground-breaking platform will save Africa more than five billion dollars annually…

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Buhari Visits Shonekan’s Family in Lagos

…As Sanwo-Olu, Abiodun, Buni join President in condolence visit Trust Africa News, By Ayomide Otitoju President Muhammadu Buhari on Thursday visited the Lagos residence of the Head of the Interim National Government during the annulled June 12, 1993 presidential election, the late Chief Ernest Shonekan, to commiserate with the deceased family. President Buhari was accompanied to the…

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