PAPSS Remains Most Important African Monetary Initiative In Decades – Dr Bawumia

PAPSS Remains Most Important African Monetary Initiative In Decades – Dr Bawumia Vice-President Dr. Mahamudu Bawumia has urged capital market stakeholders within the sub-region to ride on the back of the Pan-African Payment and Settlement System (PAPSS) as they seek to further integration, describing the platform as the most important monetary development in Africa since 1960. PAPSS, which was formally launched in January, allows a party in one African country to pay in their own currency while a counterparty in another country receives payment in their own currency. Opening the second edition of the West African Capital Market Conference 2021…