Read more about the article Part II: How PAPSS is quietly transforming Africa’s payments landscape
CEO Mike Ogbalu III | Photocredit: VaultNews

Part II: How PAPSS is quietly transforming Africa’s payments landscape

By Tolu Ogunlesi The new payments system quietly integrating a continent, unleashing business innovation, and empowering central banks with transaction data & trading insights. Open your Nigerian banking app and…

Continue ReadingPart II: How PAPSS is quietly transforming Africa’s payments landscape
Read more about the article Part I: Ogbalu’s PAPSS is quietly ending Africa’s dollar dependency
CEO Mike Ogbalu III | Photocredit: VaultNews

Part I: Ogbalu’s PAPSS is quietly ending Africa’s dollar dependency

By Tolu Ogunlesi PAPSS is the Pan-African Payment and Settlement System, launched by Afreximbank on 13 January 2022. Mike Ogbalu III, a Nigerian banking and fintech veteran (ex-UBA, Ecobank, First…

Continue ReadingPart I: Ogbalu’s PAPSS is quietly ending Africa’s dollar dependency
Read more about the article Afreximbank secures landmark S&P rating, doubles down on PAPSS growth
President and Chairman of the Board of Directors Dr George Elombi

Afreximbank secures landmark S&P rating, doubles down on PAPSS growth

Afreximbank's new S&P rating and expanding PAPSS network mark a turning point for African trade finance. Cairo-headquartered Afreximbank has been assigned a fresh long-term issuer credit rating by S&P Global…

Continue ReadingAfreximbank secures landmark S&P rating, doubles down on PAPSS growth