Page 24 - Settlement System News Today

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

PTI India, South Africa and Egypt have introduced a paper regarding ongoing discussions on the reforms of the World Trade Organisation's (WTO) dispute settlement body, an official said. The paper - Reflections on the Reform of the WTO Dispute Settlement System - was introduced in a meeting of the body in Geneva. In the meeting,…

The Pan-African Payment and Settlement System which is scheduled to go live in 2024.

The Pan-African Payment and Settlement System which is scheduled to go live in 2024.

Pansy Ho probably not readying large MGM China share sale despite moving shares to CCASS.

The system’s promoters must figure out how to compensate the African countries that run trade surpluses.

  In a landmark move aimed at revitalizing intra-African trade and combating food insecurity, commodity exchanges across the...

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Afreximbank awarded “Sustainable Deal of the Year” for pioneering the Liquidity and Sustainability Facility (LSF) for Africa

By Tony Obiechina, Abuja The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, was on Monday in Lagos awarded the 2021/22 Zik Prize in Professional Leadership by the Public Policy Research and Analysis Centre (PPRAC). In a citation, Prof. Pat Utomi, Head of the PPRAC Zik Prize Selection Committee, said that Prof. Oramah