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Tag: cross border trade

Why Africa must prioritise merging currencies for free trade

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Traders’ efforts are weighed down by the fact that they have to use their valuable time and capital to purchase third currencies.

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Johnson Kanamugire September 13, 2023 Africa, Economy, Opinion, Special reports

Pan-African payment system rollout reaches three more countries

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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.

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Johnson Kanamugire April 5, 2023 Africa, Beyond borders, Economy
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