Ethiopia joins PAPSS local-currency payments network
The accession announced on 15 October opens the way for Ethiopian financial institutions to connect to the pan-African cross-border payments network.
The overview of Afreximbank is being prepared.
The accession announced on 15 October opens the way for Ethiopian financial institutions to connect to the pan-African cross-border payments network.
Trials on both corridors are meant to enable settlement in local currencies by linking banks, digital currencies and mobile wallets.
No executive has been listed yet.