In continuation of the efforts and activities in place and the distinguished relations between the Association and its strategic partners, in which some external parties are keen to cooperate with the Association and its members, a meeting was held between Dr. Yousry El-Sharkawi, Chairman of the Board of Directors of the Egyptian-African Businessmen Association, and the administrative body with the officials of the local currency payments system PAPSS . For Afrixambank, across the continent of Africa to learn about the activities of the system
Therefore, please see the attached offer. An online meeting will be arranged for members of the association only (organized by the Banking and Finance Committee of the Egyptian African Businessmen Association) with those responsible for the system to explain the possibilities and mechanisms for working with it, during the first period of October 2023 (the date will be announced soon).
PAPSS:
The Pan-African Payment and Settlement System (PAPSS) is a Financial Market Infrastructure that transforms how cross-border payments are made in Africa. PAPSS is one of the four implementation pillars of the African Continental Free Trade Area (AfCFTA) Agreement.
For those interested in attending, please fill out the following information