PAPSS and Interstellar Unveil African Currency Marketplace

PAPSS and Interstellar unveil African Currency Marketplace

Bank Al-Maghrib Joins Afreximbank’s PAPSS to Drive Intra-African Trade

Bank Al-Maghrib, Morocco’s central bank, has officially joined the Pan-African Payment and Settlement System (PAPSS), a landmark development that reinforces efforts to boost intra-African trade and financial integration. By becoming the 17th country to join PAPSS, Morocco signals its commitment to the African Continental Free Trade Area (AfCFTA) and a unified African market. The initiative, spearheaded by the African Export-Import Bank (Afreximb…

PAPSS, Interstellar Launch Currency Marketplace to Tackle Africa’s $5bn Trade Loss - Tech

The Pan-African Payment and Settlement System (PAPSS) in collaboration with deep tech firm, Interstellar, has unveiled the PAPSS African Currency Marketplace (PACM) to address the $5 billion lost annually due to currency inconvertibility and trade inefficiencies across Africa. The announcement was made on the sidelines of the Afreximbank Annual Meeting held in Abuja. PACM is designed to directly confront Arica’s longstanding currency challenges,…

Unlocking Trade: Introducing the PAPSS African Currency Marketplace

The Pan-African Payment and Settlement System (PAPSS), working alongside African deep-tech firm Interstellar, unveiled the PAPSS African Currency Marketplace (PACM) during the recent Afreximbank Annual Meeting (AAM2025). This new Financial Market Infrastructure aims to tackle the persistent challenge of currency convertibility hindering trade within Africa. For years, intra-African commerce has been hampered by the continent's

PAPSS and Interstellar launch game-changing African Currency Marketplace

The Pan-African Payment and Settlement System (PAPSS), in collaboration with Interstellar, a leading African deep-tech firm, has unveiled the PAPSS African Currency Marketplace (PACM), a transformative financial market infrastructure (FMI) designed to eliminate a $5 billion trade bottleneck. Announced on the sidelines of the 2025 Afreximbank Annual Meeting (AAM2025) in Abuja from June 25 to 28, this initiative marks a significant step toward fin…

INTRODUCING | PAPSS and Interstellar Unveil a Blockchain-Powered African Currency Marketplace Eliminating $5 Billion Trade Bottleneck

Building on the successful rollout of its groundbreaking continental payment infrastructure, the Pan-African Payment and Settlement System (PAPSS), in strategic collaboration with Interstellar, a leading African deep-tech company, have announced the launch of the PAPSS African Currency Marketplace (PACM). The launch was announced on the sidelines of the 2025 Afreximbank Annual Meeting (AAM2025) held in Abuja from June 25 – 28 2025. This next-gen…