Page 23 - Settlement System News Today

The high cost of making cross border payments on the African continent has driven governments on the continent to seek options of settling trade and other transactions in local currencies.

Arco Vara AS informs that the list of shareholders who are entitled to dividends shall be fixed on 8th of December 2023, as at the end of the working day of Nasdaq CSD Estonian Settlement System, and...

At a well-attended award ceremony, which also included the unveiling of the cover for FORBES AFRICA’s December 2023/January 2024 edition featuring Prof. Oramah as Cover personality, Dr. Rakesh Wahi, FORBES AFRICA Founder and Publisher and Roberta Naicker, the Managing Director, said that the award recognised the stellar accomplishments of leading Africans contributing to the development of the continent.

By Tony Obiechina, Abuja The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, on Monday in Cairo received the FORBES AFRICA magazine 2023 Person of The Year award. At a well-attended award ceremony, which also included the unveiling of the cover for FORBES AFRICA’s December 2023/January 2024 edition featuring Prof. Oramah as Cover

Afreximbank’s President Oramah emerges FORBES AFRICA’s 2023 Person of the Year

The cross-border financial infrastructure empowers the bank’s existing and potential customers to execute trade and payments across Africa seamlessly

What you need to know.

Intra-African Trade Fair (IATF2023) exceeds targets with recorded deals worth up to US$43.8 billion

Innovations, entrepreneurs, and capital are reshaping Africa’s fast-growing electronic-payments landscape with solutions for consumers and businesses alike.

Proof that the world is taking note is in the fact that China, the world’s second-biggest economy, initiated a Yuan-Naira payment arrangement for trade with Nigeria.