
EAC Unveils Regional Payment System Masterplan to Drive Financial Integration and Digital Trade
East African Community Headquarters, Arusha, Tanzania, 14th May, 2025: The 28th Ordinary Meeting of the EAC Monetary Affairs Committee (MAC) approved the EAC Cross-border Payment System Masterplan, a transformative initiative aimed at enhancing financial integration, promoting regional trade and accelerating the region’s journey toward a seamless, efficient, and secure payment ecosystem.
The MAC Meeting, constituted by the Governors of the EAC Partner States’ Central Banks, reviewed progress made in the implementation of the roadmap towards realisation of a single currency by 2031.