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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 Next Frontier of Africa’s Financial Integration
Africa stands at a turning point. The launch of the Instant Payment System (PI - SPI) by the Central Bank of West African States (BCEAO) is not just a technological milestone, it signals a new era in how value moves across the continent. A transaction can now cross borders in seconds, connecting communities and businesses once held back by the cost and slowness of money transfers. This acceleration could redefine Africa’s economic future.
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The Global Findex 2025: Could Instant Payments be Driving Financial Inclusion in Africa?
Financial inclusion advocates across Africa had reason to celebrate with the launch of the Global Findex 2025. According to new data, the share of adults in Sub-Saharan Africa with either a bank or mobile money account grew from 34% to 58% between 2014 and 2024. Almost 6 in 10 adults now have an account.
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From Policy to People: Key Takeaways from Our Webinar on eKYC and Inclusive Instant Payments Systems in Africa
In this joint webinar, the Cambridge Centre for Alternative Finance and AfricaNenda Foundation explored the critical gaps and opportunities in regulatory approaches to eKYC. Our expert speakers shared case studies, highlighted best practices, and discussed approaches that could enable eKYC while preserving the integrity of the financial system.
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