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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
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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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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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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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