AfDB and PAPSS call for private capital to power $3 trillion african market

KEY POINTS• Dr. Kennedy Mbekeani (AfDB) has urged African nations to move from “vision to velocity” by aligning policies and mobilizing private capital for the AfCFTA.• A major barrier to trade—high transaction costs—is being slashed by the Pan-African Payment and Settlement System (PAPSS), which reduces cross-border fees by 98%.• Africa’s infrastructure deficit remains a challenge, … Continue reading AfDB and PAPSS call for private capital to power $3 trillion african market