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African payment system
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- 1Can Africa's new payment system loosen the dollar's grip?▼Explainer| Would the African payment system liberate Africa from the US dollar?
An explainer examines whether Africa's own cross-border payment system could reduce the continent's reliance on the US dollar in trade and finance. The piece weighs the ambitions of African monetary integration against practical hurdles, and debate continues over whether such a system can truly deliver financial independence for African economies.
- 2Fawry Business and Congineer Partner on Retail Digital Payments▼Fawry Business and Congineer Partner to Connect Retail Operations With Digital Payments
Egyptian payments provider Fawry Business has announced a partnership with Congineer to link retail operations with digital payments. The deal aims to help retailers integrate point-of-sale and store management systems with Fawry's payment infrastructure. The announcement was carried by TechAfrica News, highlighting growing interest in digitising retail transactions across African markets.