cover image: Latest Milestone for the African Continental Free Trade Area: The Pan-African Payment and Settlement System

Latest Milestone for the African Continental Free Trade Area: The Pan-African Payment and Settlement System

7 Feb 2022

In the long run, PAPSS could also substantially reduce dependence on external currencies, and the associated financial volatilities. Cross-border transactions such as remittance transfer by migrants within Africa and exchanges among small businesses should be easier, quicker, and cheaper.
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Authors

Zainab Usman, Alexander Csanadi

Published in
United States of America