National Bank of Ethiopia joins Papss
Network says it will increasingly focus on boosting Africa’s connectivity with global payment systems
The National Bank of Ethiopia (NBE) has joined the Pan-African Payment and Settlement System (Papss), the development finance institution behind the network has said.
In a press release on October 15, the African Export–Import Bank (Afreximbank) said NBE governor Eyob Tekalign and Papss chief executive Mike Ogbalu III had made the announcement during a press conference on the sidelines of the Ethiopia Finance Forum in Addis Ababa.
Launched in 2022 by Afreximbank, alongside the African Union and
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