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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
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AfricaNenda & GIMAC: Building an inclusive payment ecosystem in Central Africa
"We want payments to be as simple and universal as a text message," explains Jamelino Akogbeto, Regional Director for West and Central Africa at AfricaNenda Foundation.
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Travel Notes — Converging Forces for Inclusion: Lessons from Pix Brazil
One of the highlights of GPW 2025 was the amazing learning opportunity it provided on Pix, Brazil’s inclusive instant payment system (IIPS)—also known as a fast payment system (FPS). When Pix was launched during the COVID-19 pandemic in 2020— as an open retail payment system available to all registered financial and payment service providers in Brazil—it enabled an almost immediate boom in digital payment adoption. The willingness of BCB’s team to share their journey with delegates at GPW 2025, including several African countries, delivered key lessons from which we can learn. As the Deputy Governor for Licensing and Resolution, Renato Gomes, stated during his opening speech: “Pix has transformed daily life in Brazil … and this success is the result of strong collaboration between the BCB team and all participating banks and fintechs.”
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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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