02 July

Currency Sovereignty as PAPSS Stakes Its Claim in Africa’s Currency Wars

Posted by Muoki Musila
Categories Op-ed, economic, Market, Planning, social
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By Muoki Musila It’s a sovereignty issue… When I questioned whether the Pan-African Payment and Settlement Systems (PAPSS) could survive the looming digital currency wars, I had no idea that it would roar back with a double-barreled announcement. The intra-African …

06 May

Will Africa’s PAPSS Survive the Coming Digital Currency Wars?

Posted by Muoki Musila
Categories Op-ed, economic, Market, Planning
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Keeping Pace with China’s Digital Blitzkrieg The global financial order flinched days ago when China’s Cross-Border Interbank Payment System (CIPS 2.0), supercharged by the digital Yuan processed a $16.5 million payment from Shenzhen to Kuala Lumpur in just 7.2 seconds. …