PAPSS rollout is planned to reach five regions of Africa before the end of 2023, while all central banks and commercial banks are projected to be signed up by end of 2024 and 2025 respectively.
Author: Johnson Kanamugire
The not so ingenious idea to conduct transactions in major foreign currencies such as US dollar, British Pound, Euro or the likes anywhere within Africa allows somebody out of the continent to collect a portion of the trade value that is generated through settlement/transfer charges.