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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
From the Continent, For the Continent: Building Homegrown Instant Payment Systems to Drive Financial Inclusion in Africa
Imported technologies might offer speed, but do not necessarily guarantee fit. Africa’s financial systems must account for our informal economies, our language diversity, our infrastructure gaps, and our shared ambition for equity. As Dr. Robert Ochola, CEO of AfricaNenda Foundation, reminded us: “Africa can build its own systems and make them world-class.”
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International Women Day 2024: Breaking Barriers, Accelerating Progress.
International Women's Day always presents an opportunity to reflect on the progress made toward gender equality and to assess the journey that still lies ahead, in all areas. This year's theme, "Investing in Women: Accelerate progress" echoes one of the calls to action we made in our latest State of Inclusive Instant Payment Systems in Africa 2023 (SIIPS 2023) report.
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Cape Verde: Balancing between digital payment promotion and cash resilience
Digital payment experts unanimously agree that a well-structured financial ecosystem optimizes the use of banking products and services. By fostering financial inclusion and digital transactions, countries can reduce the use of cash and thereby benefit from the increased safety, efficiency, and transparency of a cashless economy. Yet there are counterforces working against digitalization.
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