Transfers reflect explosion in transactions

At the SWIFT African regional conference were (from left to right): Christian Sarafidis, Head of Western Europe, Middle East & Africa, SWIFT, Leina Gabaraane, Chairman of the SADC Banking Association and Managing Director of Stanbic Botswana, Dr Bwalya Ng’anda, Deputy Governor, Operations, Bank of Zambia, Tim Masela, Head of the SADC Payments System Project, South African Reserve Bank, and Ravi Shunmugam, Head, FNB payments and in-country payments leader, SADC Payments System Project (South Africa).Gaborone, “There are huge shifts in the global economy; Africa is now one of three global trading blocks that are as big as the west, but which are growing 10 times as fast. This dynamic is here to stay” said Gottfried Leibbrandt, chief executive officer of SWIFT at the annual SWIFT African Regional Conference.
Held in Gaborone, Botswana from 21 to 23 May, the 2013 SWIFT African Regional Conference attracted more than 455 delegates from 40 countries to this three-day annual event.