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

19 November 2025

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

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In the media
24 November 2024
Instant payment systems report highlights successes calls for removal of barriers
The State of Inclusive Instant Payment Systems in Africa Report 2024 has highlighted the successes achieved in terms of value and volume of transactions, much more needed to be done to deepen instant payment on the continent.
In the media
23 November 2024
Instant payment transactions in Africa cross $1trn mark but 400m people excluded – Report
Players in the Instant Payment System (IPS) industry gathered in Accra, Ghana, on Wednesday for the launch of the 2024 edition of the State of Inclusive Instant Payment Systems in Africa Report.
In the media
22 November 2024
AfricaNenda Launch the 2024 SIIPS Report, Charting Africa’s Progress in Inclusive Digital Payments
AfricaNenda in partnership with the World Bank, and the United Nations Economic Commission for Africa (UNECA) launched the State of Inclusive Instant Payment Systems (SIIPS) 2024 Report in Accra, Ghana —highlights the extraordinary growth of Instant Payment Systems (IPS) across the continent and explores their impact on financial inclusion.