AB Avantage Partners with PAPSS to Deliver Technical Consulting in Alignment with the CBE and Settlement Banks in North Africa

AB Avantage Partners with PAPSS to Deliver Technical Consulting in Alignment with the CBE and Settlement Banks in North Africa

يعلن أيمن القصبي وباسل رياض، المؤسسان المشاركان لشركة AB Avantage، بفخر عن شراكة AB Avantage مع نظام الدفع والتسوية الأفريقي (PAPSS) لتقديم استشارات فنية متخصصة ودعم تنفيذي في مصر. ويتم هذا التعاون تحت إشراف البنك المركزي المصري وبالتنسيق الوثيق مع بنوك التسوية المصرية، مما يضمن تكامل البنية التحتية المالية للبلاد بسلاسة مع منظومة المدفوعات الأفريقية الأوسع.

As part of this engagement, AB Avantage plays a key role in aligning the technical, regulatory, and operational frameworks necessary for Egypt’s effective participation in PAPSS. The company’s consulting team is working alongside financial and regulatory institutions to assess system readiness, design secure integration pathways, and ensure compliance with both national banking standards and PAPSS’s interoperability protocols.

AB Avantage Bassel Riad Ayman Elkasaby باسل رياض
أيمن القصبي وباسل رياض مع الرئيس التنفيذي لـ PAPSS مايك أوجبالو

PAPSS — an initiative launched by Afreximbank and the African Union — is a landmark system that enables instant, cross-border payments across African countries in local currencies. By removing the need for third-party intermediaries or reliance on hard currency settlements, it directly supports the goals of the African Continental Free Trade Area (AfCFTA) and enhances intra-African trade efficiency.

Through this partnership, AB Avantage reinforces its commitment to financial innovation, digital transformation, and regional economic integration. The company’s experience in fintech architecture, regulatory alignment, and large-scale digital payment systems enables it to act as a strategic technical bridge between regulators, banks, and PAPSS.

By working closely with the CBE and Egypt’s settlement banks, AB Avantage ensures that local institutions are technically and operationally equipped to adopt PAPSS. This includes supporting system integration, liquidity management, real-time transaction processing, and settlement governance, ensuring a smooth and compliant transition to the new cross-border framework.

AB Avantage Bassel Riad Ayman Elkasaby باسل رياض
أيمن القصبي وباسل رياض مع أوسيتاديما أوغوو رئيس قسم التكنولوجيا والعمليات في PAPSS

This collaboration marks a pivotal moment in Egypt’s role within Africa’s financial ecosystem — strengthening connectivity, reducing transaction costs, and empowering businesses to trade more efficiently across borders.

AB Avantage continues to position itself at the forefront of Africa’s digital finance transformation journey, combining technical expertise, policy understanding, and innovation leadership to build sustainable solutions for the continent’s future.

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