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Who really controls Africa’s cross-border payments?

Global payments network remains central to international finance. Photo by Angelo Moleele @ Unsplash
Global payments network remains central to international finance. Photo by Angelo Moleele @ Unsplash
  • Franc zone joins Africa’s flagship cross-border payment network.
  • PAPSS expansion could reshape AfCFTA trade and settlement.

 

LOME, TOGO – Africa’s most ambitious effort to keep payments within the continent has reached a pivotal milestone, but questions remain over whether it can truly loosen reliance on global financial infrastructure.

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