Africa
PAPSS and local-currency payments: what a business should ask its bank
The Pan-African Payment and Settlement System links participating institutions. A usable payment route still depends on the banks, currencies and corridor involved.
In focus
The Pan-African Payment and Settlement System links participating institutions. A usable payment route still depends on the banks, currencies and corridor involved.
Regional integration opens possibilities for businesses, but a specific job, service or shipment still needs the right checks in the destination country.
COMESA’s simplified trade regime is built around agreed products, documents and thresholds. Its name does not mean every small consignment qualifies.
Buying goods in an African country is not, by itself, proof that they qualify as originating goods. The applicable product rule and supporting evidence matter.