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NIP Nigeria Becomes Africa’s First “Mature” Instant Payment System
At the launch of State of Inclusive Instant Payment Systems (SIIPS) 2025 in Eswatini, the continent witnessed a breakthrough: Nigeria Inter‑Bank Settlement System Plc (NIBSS)’s NIBSS Instant Payment (NIP) platform became the first instant payment system (IPS) in Africa to reach the “Mature” level on the AfricaNenda Foundation Inclusivity Spectrum.
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Press Release
Bank of South Sudan Launches the Country’s First National Instant Payment System
Juba, February 3rd, 2025 - The Bank of South Sudan (BOSS) is proud to announce a groundbreaking initiative to launch the country’s first National Instant Payment System (NIPS), in collaboration with the AfricaNenda Foundation. This transformative project marks a pivotal milestone in the modernization of South Sudan’s financial and payment infrastructure, advancing the bank’s commitment to providing enhanced financial services for all citizens.
Spotlight
SIIPS 2024: Highlights, Key Takeaways, and Moments to Remember
The launch of the State of Inclusive Instant Payment Systems in Africa report (SIIPS 2024) took center stage on November 20, 2024, in vibrant Accra, Ghana.. This transformative event organized by AfricaNenda, in partnership with the Bank of Ghana and the Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) brought together diverse voices to explore how Inclusive Instant Payment Systems (IIPS) can unlock financial inclusion for millions across Africa.
SIIPS