The Pan-African Payment and Settlement System, which allows faster payments and improved trade flows in local currencies, is ...

Local-currency payments systems promise cheaper trade, but Trump is determined to preserve the dollar's dominance.

Africa expands use of local currency payment systems like PAPSS to reduce reliance on the US dollar for intra-continental ...

In early June 2025, the cedi, Ghana’s currency, was recognized as Africa’s best-performing currency. However, its reign was ...

PAPSS payment system allows trade settlement in local currencies Experts says move aims of lowering trade costs South Africa ...

For many African trav­ellers, exploring the continent should be exciting, but the frustra­tion of currency exchange turns it into a costly and inconvenient experience.Take 2AO, a Lagos-based tourist ...

Sub-Saharan Africa, in particular, remained a primarily cash economy, due to factors including limited infrastructure and ...

Africa's push for local currency payments systems - once little more than an aspiration - is finally making concrete gains, bringing the promise of less costly trade to a continent long hobbled by ...

STORY: Africa's push for local currency payments systems is finally making gains.The goal is to bring less costly trade to a ...

The South African rand was slightly up on Friday after sharp falls a day earlier, shrugging off a dispute between President ...

Though some observers have seen the Eco as little more than a name change, France apparently sees it as more – a possible step towards a single currency for the whole of West Africa. The inevitable ...