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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
Addressing Small and Medium Enterprise digital payment gaps in Africa, Part II
As the May 2024 Visa Payments Forum in Istanbul revealed, SMEs in Africa are at a crossroads. The first blog in this series outlined three key challenges that limit financial inclusion for small and mid-sized businesses (SMEs) in Africa.
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Navigating Design Choices: Essential Considerations for CBDCs - Part II
In the initial installment of our blog series, we focused into the realm of Central Bank Digital Currencies (CBDCs) and their potential as a game-changer in the pursuit of financial inclusion in Africa. We explored the nuances of CBDCs, acknowledging their varied features and functions across nations, shaped by policy choices and market environments. As we navigate the intricate landscape of CBDC development, we will explore the key considerations, principles, and the human-centered design approach needed to create inclusive digital currencies in this second part.
Financial inclusion
Creating inclusive instant payment systems via digital public goods
AfricaNenda is working closely with development partners and philanthropic programs across Africa to achieve universal financial inclusion by 2030.Through pre-project support, capacity building, policy advocacy, and technical assistance, AfricaNenda has supported programs and tools promoting the growth of inclusive instant payments systems (IIPS) in Africa. In this first edition of "Voices of Expert", we are highlighting our work on digital public goods in addressing inclusivity in the design of IIPS.
Financial inclusion