Tag: cross-border payment
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Ecobank and Thunes Partner to Drive Africa’s Next Era of Instant Cross-Border Payments

North Africa PostComments Off on Ecobank and Thunes Partner to Drive Africa’s Next Era of Instant Cross-Border Payments

Ecobank Group and Thunes have joined forces in a landmark partnership to enable instant cross-border payments across Sub-Saharan Africa, aiming to connect millions of individuals and businesses to the global financial ecosystem. Announced on 29 October 2025, the collaboration integrates Ecobank’s vast pan-African banking network with Thunes’ advanced fintech infrastructure to enhance liquidity, speed, and […]
Business Features Finance Headlines

As BRICS Pay rises, Africa rethinks cross-border payments

North Africa PostComments Off on As BRICS Pay rises, Africa rethinks cross-border payments

Africa’s long-fragmented cross-border payment systems may be on the cusp of transformation, driven by emerging alternatives to Western-dominated networks like SWIFT. The launch of BRICS Pay — a decentralized platform aiming to settle transactions in local currencies — signals a broader push to reduce reliance on the U.S. dollar and challenge the geopolitical sway it […]