Central Bank of Egypt Joins the Pan-African Payment and Settlement System PAPSS
In line with Egypt’s unwavering efforts to enhance regional banking relations and strengthen economic collaboration with African countries, the Central Bank of Egypt (CBE) approved, in November 2024, the agreement to join the Pan-African Payment and Settlement System (PAPSS) The PAPSS – developed by the African Export-Import Bank (Afreximbank) – facilitates cross-border payments and trade […]