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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
Urgent Need to Harmonize Payment Service Regulations and Achieve Instant Cross-border Payments in Africa
Africa stands at a decisive moment in its digital finance evolution. Innovation is accelerating, mobile money is ubiquitous, and instant payment systems are fast growing across the continent. Yet one force continues to constrain seamless cross-border payments in Africa: regulatory fragmentation.
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SIIPS
It is all about trust!
Upcoming SIIPS 2023 report highlights ways to build trust and boost adoption of digital payment systems. In 2022, AfricaNenda’s State of Inclusive Instant Payment Systems (SIIPS) report on Africa highlighted how inclusive instant payment systems (IIPS) have emerged as a powerful enabler to promote digital payment adoption and usage by making daily transactions more secure and less costly.
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The Fintech of Things: Travel notes from the 2023 Inclusive Fintech Forum in Kigali
If anything, attending the 2023 Inclusive Fintech Forum (IFF) in Kigali, June 20-22, 2023, raised my already high optimism regarding the role of fintech in Africa’s present and future development. The event shed light on how a blend of political will, mindset shifts and policy and regulatory upgrades in the fintech space can foster the next generation of growth businesses on the continent.
Blogs