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PAPSS COWRY Lagos 2025 Conference Opens with Vision for Africa's Payment Future

PAPSS COWRY Lagos 2025 Conference Opens with Vision for Africa's Payment Future

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by Miguel Rodriguez

4 months ago


The PAPSS COWRY Lagos 2025 conference kicked off on Tuesday, marking a significant step towards shaping Africa's payment landscape. With a focus on modernization and integration, the event brought together key stakeholders to explore the continent's financial future. The publication provides the following information: the conference aims to enhance collaboration among African nations in the realm of digital payments.

Конференция по платежным системам в Африке

Hosted at the Lagos Continental Hotel, the conference was organized by the Pan-African Payment and Settlement System (PAPSS) in collaboration with Afreximbank, the African Union, and the AfCFTA Secretariat. Attendees included:

  • central bankers
  • commercial banks
  • fintech innovators
  • policymakers
  • technology operators

Цели и задачи конференции

All united in their mission to enhance Africa's payment systems. PAPSS CEO Mike Ogbalu III addressed the historical fragmentation of Africa's economies, emphasizing the urgent need for a unified payment system to streamline trade across the continent. The conference highlighted the practical advantages of PAPSS for financial institutions and businesses, aiming to lower costs and boost transaction efficiency, ultimately paving the way for a more integrated African economy.

As the PAPSS COWRY Lagos 2025 conference addresses Africa's payment systems, recent data shows a notable decline in Bitcoin reserves on exchanges, indicating a shift towards long-term storage. For more details, see Bitcoin decline.

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