The Central Bank of Egypt, in cooperation with the COMESA Clearing House, held a workshop on the Regional Payment and Settlement System with participation from Egyptian banks and officials.
The Central Bank of Egypt, in cooperation with the COMESA Clearing House, hosted a sensitisation workshop on the Regional Payment and Settlement System. The event included representatives from banks operating in Egypt, CBE officials from the Banking Operations, Payment Systems and African Cooperation sectors, as well as experts from the CCH.
Naglaa Nozahie, Governor’s Adviser for African Affairs at the CBE, reaffirmed the bank’s commitment to supporting initiatives that advance financial integration across Africa. She highlighted the strategic importance of REPSS as the first integrated regional payment and settlement system in the COMESA region.
Jedidah Ndebele, Chief Executive Officer of the CCH, reiterated the importance of sustained joint efforts to promote the use of REPSS. The workshop reviewed operational mechanisms, benefits for banks, and challenges affecting usage, along with latest developments in regional digital payment initiatives.