Kenya, Rwanda Banks Join Pan-African Payment System
Kenya’s KCB Group and Rwanda’s Bank of Kigali have become the first banks in their respective countries to integrate the Pan-African Payment and Settlement System (PAPSS), a move set to boost intra-African trade and financial connectivity. Why it matters PAPSS, developed by Afreximbank, the African Union Commission (AUC), and the AfCFTA Secretariat, eliminates the need […] The post Kenya, Rwanda Banks Join Pan-African Payment System appeared first on Tech Labari.
Kenya’s KCB Group and Rwanda’s Bank of Kigali have become the first banks in their respective countries to integrate the Pan-African Payment and Settlement System (PAPSS), a move set to boost intra-African trade and financial connectivity. Why it matters PAPSS, developed by Afreximbank, the African Union Commission (AUC), and the AfCFTA Secretariat, eliminates the need […]
The post Kenya, Rwanda Banks Join Pan-African Payment System appeared first on Tech Labari.
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