Blog

Blog

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.

Latest blogs

#IAmAfricaNenda

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.

5 September 2021 / Irene Chikumbo, GRID Impact

AfricaNenda - The Road to 100 Days

We are Pan Africanists… with a legacy to fulfill. We are Pan Africanists… who will listen to the voice of the continent. We are Pan Africanists… who will be the voice of the people we serve.