AFREXIMBANK ANNOUNCES $1B ADJUSTMENT FACILITY, OTHER AFCFTA SUPPORT MEASURES

OUR GOAL IS TO REDUCE, SIGNIFICANTLY, THE FOREIGN CURRENCY CONTENT OF INTRA-AFRICAN TRADE PAYMENTS, HE ADDED.

HISTORIC AFRICAN FREE TRADE ZONE COMES INTO FORCE

"This movement is now unstoppable," he said.
"Today we will launch the Africa-wide digital payment infrastructure the Pan-African Payment and Settlement System (PAPSS) that we developed in collaboration with the African Union," he said.
"Making cross-border payments easier, cheaper and safer is an obvious critical step in creating an Africa we want," he said.

President of the African Export-Import Bank (Afreximbank), Benedict Oramah on Monday in Niamey,Niger addressed the 12th Extraordinary Summit of African Union (AU) Heads of State, announcing a series of initiatives to support...

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Article ID: 306404 Date: 11th July, 2019 Social Shares: 4
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