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New Payment System Seeking to Bolster Intra-African Trade Goes Live

Bitcoin.com
New Payment System Seeking to Bolster Intra-African Trade Goes Live
AFCFTA
New Payment System Seeking to Bolster Intra-African Trade Goes LiveA new continent-wide payment system that seeks to strengthen African fiat currencies, as well as to boost intra-Africa trade, recently went live. Discussions about onboarding more African countries are still ongoing. SMEs the Main Beneficiaries of the Payment System A new African payment system, the Pan-African Payment and Settlement System (PAPSS), recently went live in […]
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Digital Asset Powerhouse Wyden Snags .4M in Funding, Eyes Global Expansion

Digital Asset Powerhouse Wyden Snags $16.4M in Funding, Eyes Global Expansion

Ghana Vice President Praises Central Bank’s CBDC Initiative, Says Digital Currencies Can Boost Intra-African Trade

Bitcoin.com
Ghana Vice President Praises Central Bank’s CBDC Initiative, Says Digital Currencies Can Boost Intra-African Trade
AFCFTA
Ghana Vice President Praises Central Bank’s CBDC Initiative, Says Digital Currencies Can Boost Intra-African TradeThe Ghanaian Vice President, Mahamudu Bawumia, has implored African governments to start exploring digital currencies as such alternatives have the potential to enhance intra-African trade. In addition, such digital currencies allow African countries to carry out all cross-border payments smoothly, the leader explained. Ghana Government Backing for CBDC According to a report, Bawumia made these […]
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Digital Asset Powerhouse Wyden Snags .4M in Funding, Eyes Global Expansion

Digital Asset Powerhouse Wyden Snags $16.4M in Funding, Eyes Global Expansion

Africa Will ‘One Day Have a Common Currency’ Says Secretary General of African Continental Free Trade Area

Bitcoin.com
Africa Will ‘One Day Have a Common Currency’ Says Secretary General of African Continental Free Trade Area
AFCFTA
Africa Will ‘One Day Have a Common Currency’ Says Secretary General of African Continental Free Trade AreaThe secretary-general of the African Continental Free Trade Area (AFCFTA) secretariat, Wamkele Mene, says Africa will “one day have a common currency” via a proposed “Pan-African Payment and Settlement System (PAPSS).” He adds that such a currency will help “ease constraints of settling intra-African trade in foreign-denominated currency.” Challenges Ahead In comments recently carried by […]
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Digital Asset Powerhouse Wyden Snags .4M in Funding, Eyes Global Expansion

Digital Asset Powerhouse Wyden Snags $16.4M in Funding, Eyes Global Expansion

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