New Pan-African Payments System Provides Big Relief for African Traders
New Pan-African Payments System Provides Big Relief for African Traders
The launch of PAPSS will save $5 billion yearly and boost intra-African trade. Credit: Africa Renewal, United Nations
By Kingsley IghoborUNITED NATIONS, Nov 26 2021 (IPS)
When Fidelis Adele, the CEO of Freetown-based Solid Graphics, a printing and communications company, needed to order some printing equipment from Nigeria in September, he paid an extra $165 on top of a $10,000 bank transfer to…
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