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This blog is part of a series documenting our program’s journey to accelerate the development of inclusive payments systems for universal access to financial services in Africa. #IAmAfricaNenda

The Rise and Stall of CBDCs and Cryptocurrencies in Africa: What's Next?

Coming out of last year’s SIIPS, there seemed to be demonstrative progress across Africa toward central bank digital currencies (CBDCs). eNaira was reaching tens of thousands of transactions, and the e-Cedi was on its way to a full launch. However, 2023 has created new headwinds for CBDCs and their cousins, crypto-currency.

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27 September 2021 / Akinwale Goodluck, Deputy CEO, AfricaNenda

Cross-sector collaboration can unlock financial inclusion for all

As we look forward to the official launch of AfricaNenda in October 2021, we have been putting our heads together to identify project opportunities and build partnerships to facilitate the deployment and adoption of instant payment systems across the continent.

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20 September 2021 / Akinwale Goodluck, Deputy CEO, AfricaNenda

COMESA Business Council and AfricaNenda show the way forward for regional inclusive payment systems

It has been a busy few weeks since I joined AfricaNenda, the African inclusive payments accelerator, but also a most rewarding time.

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13 September 2021 / Sabine Mensah, Deputy CEO, AfricaNenda

Let’s change the game, hand in hand with the unbanked

Across Africa, over 400-million financially excluded adults are missing out on opportunities to secure and grow their savings, to access loans to support their households and businesses, and to use insurance services to protect their households and livelihoods.

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6 September 2021 / Robert Ochola, Ph.D. CEO, AfricaNenda

AfricaNenda means 'Let’s go, Africa!'

Over 15 years ago now, I stood in line outside a mobile banking agent in Kenya one afternoon and observed a plumber withdraw 200 Kenyan shilling, or the equivalent of US$2. I realised he had travelled more than 150km out of the city centre to do some work, and had come straight to the mobile banking agent to withdraw some cash.