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Advancing cross-border payments

· Lesetja Kganyago, Governor of the South African Reserve Bank (South Africa)

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· Lesetja Kganyago Wiki · South African Reserve Bank WikiAdvancing cross-border payments

ContextKeynote address by Lesetja Kganyago, Governor of the South African Reserve Bank, at the Advancing Cross-Border Payments conference, Pretoria, 23 October 2025.

Why it mattersSouth Africa's Governor on why cross-border payments in Africa are slow and costly, and how to fix them.

Problems raised
  1. Cross-border payments in Africa are costly and slow.
  2. Infrastructure is fragmented and not interoperable.
  3. Data gaps persist.
Solutions proposed
  1. Strengthen regional cooperation.
  2. Align regulatory frameworks.
  3. Invest in interoperable, inclusive infrastructure.
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