In the media

‘Entrepreneurship To Flourish’: Africa’s Instant Payments Hit 64 Billion Transactions, New Report Shows

The new report shows transaction volumes have grown at an average annual rate of 35% since 2020.

Latest

15 November 2023 / Payments Afrika

State of Inclusive Instant Payment Systems (SIIPS 2023) Report Reveals Continued Growth in Africa’s Instant Payment Systems – AfricaNenda

Payments Afrika, South Africa – AfricaNenda has today released the second edition of the annual State of Inclusive Instant Payment Systems (SIIPS) in Africa report.

11 November 2023 / APA News

African central banks urged to strengthen cooperation

APA News, Ethiopia – Only five central banks and a handful of instant payment system (IPS) operators have responded positively to AfricaNenda’s request to produce an annual report on the state of inclusive instant payment systems (IIPS) in Africa.

10 November 2023 / PaymentsJournal

Instant Payment Systems in Africa Topped $1 Trillion in 2022

PaymentsJournal, USA – Africa’s instant payment systems (IPSs) processed 32 billion transactions last year, totaling $1.2 trillion U.S. dollars. The volume of payments and the total value of payments processed has grown since 2018 by 47% and 39%, respectively.