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30 Mar 2023

Sao Tome and Principe: African Development Bank signs $3.2 million loan agreement for upgrade of National Switch payment system

The African Development Bank Group and the government of Sao Tome and Principe have signed a $3.2 million loan agreement to upgrade the country’s National Switch payment system that supports the clearing and settlement of country wide high-value and retail payments.

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Independent Development Evaluation, African Development Bank
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