Cross-border trade PAPSS : facilitating payments in Central Africa
At the Pro Meet Up 5 business forum held from 1 to 5 June 2026 in Yaoundé, Mr. Mike Ogbalu III, CEO of the Pan-African Payment and Settlement System (PAPSS) at AFREXIMBANK, announced that the Bank of Central African States (BEAC) would be joining the system. PAPSS is a cross-border financial market infrastructure that facilitates payment transactions across Africa. It enables the instant or near-instant transfer of funds between payers in one African country... Read more
