Pan-African Payment & Settlement System
Commercial
Launch
Event
Venue
Accra, Ghana
Date
13th January 2022
Time
(Registration from 8:30am)
The Event
Highlights
The Event
With a successful pilot already underway across the West African Monetary Zone, January 2022 will see the official Africa-wide launch of PAPSS (the Pan-African Payment and Settlement System). Developed with the support of the African Export-Import Bank with a mandate from the African Union, PAPSS provides a pan-African platform and infrastructure for the efficient conduct of cross-border payments. PAPSS will support the implementation of the African Continental Free Trade Area (AfCFTA) by enabling fast and secure payments in national currencies, thereby reducing foreign currency transfer costs.
Photo Album
Media
Press Release
Pan-African Payment and Settlement System Launched by President Akufo-Addo Foreseeing $5 billion Annual Savings for Africa
Press Conference
Speakers
His Excellency Nana Addo Dankwa Akufo-Addo
H.E. Mahamudu Bawumia
Hon. Ken Ofori-Atta
Hon. Ebrahim Patel
H.E. Wamkele Mene
Prof. Benedict Oramah
Mr. Godwin Emefiele
Dr. Ernest Kwamina Addison
Mr. John Rwangombwa
Dr. Denny Kalyalya
Mr. Lacina Kone
Dr. Olorunsola E. Olowofeso
Mr. Stefan Nalletamby
Mr. Mike Ogbalu III
Mr. Aliko Dangote
Mr. Ade Ayeyemi
Programme
The commercial launch event in Accra will include:
- Opening Ceremony: introduction, remarks and keynote speeches
- Panel Discussion on the theme: Integrated Payment Systems for an integrated Market – PAPSS as an enabler for AfCFTA implementation
- Press Conference
- Lunch break
