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Ethiopia joins PAPSS as banks prepare to enable cross-border payments

Ethiopia has officially joined the Pan-African Payment and Settlement System (PAPSS), connecting the country’s financial sector to a continental network designed to facilitate cross-border payments and support intra-African trade. The National Bank of Ethiopia (NBE) and PAPSS announced the development in Addis Ababa,…

TechTrendsKEBy By Caroline Wavinya
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Ethiopia joins PAPSS as banks prepare to enable cross-border payments
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Africa Business Review aggregates and summarises reporting from trusted publishers. The full article is published by TechTrendsKE.

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Original headline: “Ethiopia joins PAPSS as banks prepare to enable cross-border payments”

  • News
  • Afreximbank
  • African Continental Free Trade Area
  • African local-currency payments
  • National Bank of Ethiopia
  • PAPSS COWRY 2026