×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

African payments system taps more States to grow trade, cut forex woes

E-commerce banking. [Courtesy, Rawpixel.com]

A new African payments system championed by Kenyan President William Ruto is set to unlock vast regional trade opportunities.

It will ease foreign exchange (forex) woes for companies operating across the continent, a senior official at the African Export-Import Bank (Afreximbank) said.

Get Full Access for Ksh299/Week
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Football
Focus on relegation battle in SPL
By Ben Ahenda 11 hrs ago
Boxing
Kasarani and Thailand rule Nairobi event
Sports
Is KVF embroiled in a serious leadership crisis?
Sports
Will Kenya become the first African country to host World Championships?