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KCB Group onboards Pan-African payment system to boost trade

Move expected to help drive the African Continental Free Trade Area agenda

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by MARTIN MWITA

Kenya28 February 2025 - 07:33
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KCB group CEO Paul Russo, Trade CS Lee Kinyanjui and PAPSS CEO Mike Ogbalu during the launch of the KCB-Pan African Payment and Settlement System intergration in Nairobi on February 27 /LEAH MUKANGAI

KCB Group has become the first lender in East Africa to integrate the Pan-African Payment and Settlement System into its systems, setting Kenya and the region at a better place to tap into continental trade.

This comes as the continent continues to push for the African Continental Free Trade Area (AfCFTA), with investments being made in supportive infrastructure.

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