Cairo Archives – CEO East Africa

Pan-African Payment and Settlement System (PAPSS) takes root in 115 African commercial banks

by Paul MurungiFinance News & AnalysisMay 17, 2024May 17, 2024

Mr. Mike Ogbalu III, Chief Executive Officer of the Pan African Payment and Settlement System has revealed that the payment system is making rapid progress and is fully operational in thirteen African Central Banks, and is connected to over 115 commercial banks, including ten payment switches across Africa. Another 115 commercial banks are in the pipeline for connection. “The time…

Top 5 richest cities in Africa based on number of millionaires who live there

by CEO ReporterAfrica Luxury The Big StoryNovember 11, 2023November 11, 2023

Investment migration consultancy Henley & Partners has published its annual ranking of African cities with the most wealthy residents in its Africa Wealth Report, in collaboration with New World Wealth. The report provides a comprehensive review of private wealth in Africa, including trends in high-net-worth individuals, luxury and wealth management, as well as expert insights on investing in Africa, the…