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Africa Launches 33 Instant Payment Systems as Liberia Sets 73-Day Record
Africa’s push to connect its 400 million financially excluded adults to real-time digital payments accelerated sharply in 2025, with five new national instant payment systems going live across the continent and one country, Liberia, deploying an entire national infrastructure in just 73 days, according to the AfricaNenda Foundation’s 2025 Annual Report released this month.
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SIIPS
Instant payment systems in Africa record US$1.2 trillion worth of transactions in 2023
The AfricaNenda report on the State of Inclusive Instant Payment System (SIIP) in Africa for the year 2023 indicates that as of June this year, instant payment systems (IPSs) in Africa recorded 32 billion transactions valued at a whopping US$1.2 trillion.
SIIPS
