A More Connected Africa

Full transcript

Africa is a continent of over one billion people, fifty-four nations, and an enormous amount of untapped economic potential waiting to be unlocked. Yet for decades, sending money across African borders has been slow, expensive, and unnecessarily complicated for businesses and everyday people alike. A small business owner with a mobile phone should be able to pay a supplier in another African country instantly, using their own local currency without leaving the continent. This is exactly the vision behind modern African payment infrastructure — building systems that connect banks, businesses, and people across every border on the continent. PAPSS — the Pan-African Payment and Settlement System — is making that vision real, enabling instant cross-border payments in local African currencies across the entire continent. When Africa's payment systems are truly connected, trade grows, businesses thrive, and prosperity spreads — building a stronger, more united Africa for everyone.