In the media
AfricaNenda: Key Trends Shaping the Instant Payment Systems Landscape in Africa
The instant payment systems (IPS) landscape in Africa is vibrant, propelled by the growing need for faster, interoperable, more secure, more affordable, and more convenient retail payment options.
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In the media
Africa’s digital future: Why transparent data is key to financial inclusion
While on a speaking tour in 2022 to share findings from a report I co-authored, a central bank official from West Africa shared a key observation. The report aimed to document the relationship between financial inclusion and the infrastructure provided by inclusive, instant payment systems, based on data available publicly.
In the media
Gaps in interoperability as barriers to inclusive digital payments in Africa
Ennatu Domingo and AfricaNenda’s Jacqueline Jumah and Sabine Mensah argue that instant payment systems play a crucial role in Africa’s digital public infrastructure, but that there are still many barriers to its interoperability – which Europe can help address.
In the media
AfricaNenda: Digital Payment Access is Steadily Increasing. What Barriers Remain?
The instant payment ecosystem in Africa continues to show increased dynamism, as the number of instant payment systems (IPS) expands and more transactions run through them, as documented in the State of Inclusive Instant Payment Systems in Africa 2023 report (SIIPS 2023).
SIIPS
How Africa Can Benefit From Making Digital Payment Access More Inclusive
From Dakar to Kigali, individuals and businesses across Africa are increasingly using digital channels to pay merchants and utility providers and send money to friends and relatives. As a result, digital payments have become the most-used financial service among African account owners, according to the Global Findex.
SIIPS
State of Inclusive Instant Payment Systems (SIIPS 2023) Report Reveals Continued Growth in Africa’s Instant Payment Systems – AfricaNenda
Payments Afrika, South Africa – AfricaNenda has today released the second edition of the annual State of Inclusive Instant Payment Systems (SIIPS) in Africa report.
SIIPS
African central banks urged to strengthen cooperation
APA News, Ethiopia – Only five central banks and a handful of instant payment system (IPS) operators have responded positively to AfricaNenda’s request to produce an annual report on the state of inclusive instant payment systems (IIPS) in Africa.
SIIPS