Afreximbank Launches Pan-African Payment and Settlement System

Afreximbank is really touring Africa towards ensuring that strong business and good relationships is built not across boarders as they recently made history in Africa.

The bank achieved a milestone in Niamey as it launches the Pan-African Payment and Settlement System (PAPSS), which will transform how Africa trades.

According to the bank, Afreximbank’s Pan African Payment and Settlement System #PAPSS, will introduce a simplified, low-cost and risk-controlled payment clearing and settlement system to help integrate Africa financially, and spur economic growth and intra-Africa trade & commerce.

 

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