Pay Angel leveraging on AfCFTA to harness cross-border payments between Africa and the diaspora - PayAngel Director of Growth.

The Director of Growth for PayAngel, Mr. Joseph Elvis Lamptey, has articulated the necessity for a robust payment platform, highlighting its importance to ensuring successful cross-border trade especially in Africa and across the globe.

He underscored the significance of PayAngel in enhancing the payment for goods and services within the continent and the rest of the world.

Mr. Lamptey said this while speaking to Nyansa TV on the sidelines of the Second Edition of the AfCFTA Business Forum being held at the Kigali Convention Centre in Rwanda, on Thursday, October 10, 2024. He noted, for business to be successful, payment platforms are a necessary prerequisite to enhance transactions and ensure prompt payments for goods and services delivered.

In response to why PayAngel were present at the AfCFTA meeting, Mr. Lamptey highlighted that AfCFTA is seeking to embrace cross-border trade and for that to be successful payments platforms are sinequanon. "We as Pay Angel have the expertise and use cases of doing cross-border payments from the diaspora into Africa", he stated. Further he pointed out that Pay mAngel as a cross-border payments and remittances platforms is looking for ways to plug into what AfCFTA is seeking to achieve, leveraging on all other protocols to ensure whatever is being done for Africans in the diaspora in terms of goods and services can be paid for seamlessly.

Again, Mr. Lamptey shared that he had met Hon Prudence Sebahizi, then working for AfCFTA at the Africa 40 under 40 in Nairobi earlier this year. Adding, as he has been elevated as the Minister for Trader in Reanda, it was only fitting a proper for him to come support Biashara Afrika 2024 and showcase what PayAngel had to offer and the world at large in terms of business payments within our borders effortlessly.

PayAngel is a cross-border payments and remmitances platform headquartered in the UK with a subsidiary in Ghana including the USA, Canada, Australia and parts of Europe.

The second edition of AfCFTA Business Forum, dubbed Biashara Afrika 2024 (#BA 2024) is being held at the Kigali Convention Centre. It started on the 9th and expected to end on October 11, 2024 under the patronage of the Rwandan President, H. E. Paul Kagame. This year's edition is themed 'Dare to Invent the Future of the AfCFTA', #BA2024 will provide an engaging and dynamic platform for continued dialogue between African public and private sectors, multinationals and key stakeholders regarding the challenges and opportunities in the process of building regional and continental value chains and establishing reliable supply chains networks, which are essential to unlocking the full potential of intra-Africa trade.