Cross-border transactions
Payments and settlement support for eligible institutional and commercial clients.
Canopus is the concrete banking initiative associated with the Dialogue. Its prospective role is to support cross-border transactions, trade and financial connectivity between Africa, the GCC and Asia.
A bank should not have to invent its relevance after launch.
The proposition is to design the institution around demonstrated transaction needs, correspondent relationships, trade corridors and disciplined controls before operations begin.

Canopus
Payments and settlement support for eligible institutional and commercial clients.
Documentary trade, transaction support and later-stage trade-finance capabilities, subject to licence scope and risk appetite.
A diversified network of African and international banking relationships, subject to counterparties’ approvals.
A focused entry point for eligible commodity and commercial transactions across the three regions.
Selected African States, sovereign vehicles, development institutions or state-linked financial institutions may be invited to explore a minority shareholding after the banking licence has been issued. Any participation would be considered through confidential documentation and remain subject to applicable law, budget authority, due diligence, regulatory approval and the participant’s own governance process.