Page 46 - Settlement System News Today

Kenya has had nine Central Bank of Kenya governors since independence. Outgoing CBK boss Patrick Njoroge was the ninth. If approved, Kamau Thugge will be tenth.

Central bank officials and switch operators from six African countries were in Ghana last week, to learn from the national payment infrastructure provider, Ghana Interbank Payment and Settlement System ltd (GhIPSS). The officials were from Burundi, Democratic Republic of Congo, Rwanda, Sierra Leone, and switches such as Rwanda Rswitch, Zambia…

WTCA connected business leaders and B2B delegates leading to tangible business opportunities throughout Ghana and Africa, leveraging its core strength as a business enabler

ABU DHABI, United Arab Emirates, 12 May 2023 (ECA) - Africa should promote supportive policies and infrastructure development to attract green investment and boost trade through the African Continental Free Trade Area (AfCFTA), Economic Commission for Africa, Acting Executive Secretary, Antonio Pedro, has urged.“To reap the AfCFTA opportunities we must address Africa’s

The AfCFTA is an ambitious treaty that wants to bring African countries under one market

Driven and demanded by clear and determined political leadership, the African Continental Free Trade Area (ACFTA) was negotiated in just over two years and entered force in just over a year; an astounding record for Trade Negotiations and Agreements in history.

/PRNewswire/ -- The World Trade Centers Association® (WTCA®) — an international trade organization connecting more than 300 World Trade Center® (WTC®)...

Representatives of central banks and payment switch operators from select African countries are in Ghana to study its instant and interoperable payment solution, Ghana Interbank Payments and Settlement System (GhIPSS) that is among the most advanced in the continent. The peer learning visit, organized by AfricaNenda, in partnership with GhIPSS,…

Nana Yaw Banahene, the Country Manager for AZA Finance, says fintech companies can thrive on the implementation of AfCFTA to design and develop cross-border payment platforms for transactions. He said there were many opportunities that the companies could leverage to provide services and other measures for players in the intra-Africa…

Regulatory changes in the cross-border payments systems ahead of the move to a new core settlement engine that goes live next year can strain and distract companies as they work to align their systems to the new regime. But, with the support of financial services organisations like StoneX, companies can use the compulsory changes to restructure their business to generate more profits.