An Interaction with delegates from Egypt at the Bank of Ghana Conference room. In attendance were Reps from bank of Ghana, FBN, UBA, Zenith and GCB.

THE TAKE AWAYS:

1. The Pan-African Payment and Settlement System (PAPSS) is an initiative launched by the African Union.
2. To promote financial integration and facilitate trade and economic growth across the African continent.
3. PAPSS aims to harmonize payment systems and facilitate cross-border transactions, thereby reducing the cost and time involved in making payments across Africa.
4. It is designed to enhance financial inclusion and promote economic development by providing a platform for seamless and efficient payment and settlement processes among African countries.