Central Bank of Comoros: Commencement of activities for the implementation of PAPSS in Comoros.

September 2, 2024 AELEX Admin 0 Comments

The Central Bank of Comoros (Banque Centrale des Comores-BCC) and the Pan-African Payment and Settlement System (PAPSS) announce the official commencement of activities for the implementation of PAPSS in Comoros. This initiative, supported by Afreximbank and the African Union, is part of efforts to make the African Continental Free Trade Area (AfCFTA) a reality by facilitating cross-border payments in local currencies of member countries. Read More

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