The Pan-African Payment and Settlement System (PAPSS), in strategic collaboration with Interstellar, a leading African deep-tech company, launched the PAPSS African Currency Marketplace (PACM).
This next-generation Financial Market Infrastructure (FMI) represents a bold evolution of the PAPSS mission, addressing Africa’s longstanding challenge of currency inconvertibility and enabling seamless, sovereign currency exchange for intra-African trade.
The launch of PACM was announced on the sidelines of the 2025 Afreximbank Annual Meeting (AAM2025) held in Abuja from June 25 – 28.