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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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From Rail to Real Impact: A New White Paper on Scaling Instant Payments in Africa
Instant (also known as Fast, Real-Time, or Immediate) Payment Systems (IPS) are no longer an experiment on the margins of financial infrastructure. Across Africa, they are fast becoming core national assets—foundational digital public infrastructure with the potential to accelerate financial inclusion, deepen competition, and support economic growth.
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Instant payment systems
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.
Instant payment systems
AfricaNenda’s Revolutionizing Payments’ series explores the PIX Brazil success story
‘Revolutionizing Payments: The PIX Brazil Success Story’ is an insightful 8-episode YouTube video series by AfricaNenda Foundation, a non-profit and an African-led team of experts committed to unlocking the potential of digital financial services for the financially excluded across the continent, by accelerating the scale-up of inclusive instant payment systems.
Instant payment systems