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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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Africa Processed 49Bn Transactions in 2023 – SIIPS Report
The SIIPS Report which offers valuable insights into the opportunities and challenges facing Africa’s digital payment systems has said that 2023 was a landmark year, with 49 billion transactions processed across the continent—the highest volume recorded to date.
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Africa’s instant payment hits $1 trillion; inclusivity lags behind
Africa’s instant payment systems (IPSs) achieved a staggering milestone in 2023, recording $1 trillion in transaction value across 49 billion payments, according to the AfricaNenda Foundation’s State of Inclusive Instant Payment Systems (SIIPS) in Africa Report.
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