News
SIIPS 2023 Report reveals continued growth in Africa’s instant payment systems
AfricaNenda has today released the second edition of the annual State of Inclusive Instant Payment Systems (SIIPS) in Africa report. Jointly produced with the United Nations Economic Commission for Africa (UNECA) and the World Bank, the report highlights sustained growth in both the supply of instant payment systems and demand for their functionality.
Read moreLatest news
Spotlight
AfricaNenda and GIMAC sign a Memorandum of Understanding to drive innovation in digital payments in Africa
AfricaNenda, a major player in financial inclusion in Africa, and GIMAC (Groupement Interbancaire Monétique de l’Afrique Centrale, the Interbank Monetary Bank of Central Africa), an Economic Interest Group (“EIG”) facilitating financial inclusion through interoperability oversight and implementation in the Central African Economic and Monetary Community (Communauté Economique et Monétaire de l’Afrique Centrale, “CEMAC”), are pleased to announce that they have signed an historic Memorandum of Understanding.
Spotlight
AfricaNenda and the Prime Minister's Office of Guinea Join Forces to Launch a Proof of Concept on a National Switch Leveraging Digital Public Goods Platform
AfricaNenda, an African-led organization dedicated to accelerating the growth of inclusive payment systems, is proud to announce its partnership with the Prime Minister's Office of the Republic of Guinea in launching a national switch proof of concept based on a Digital Public Goods Platform. This pioneering initiative marks the first-ever implementation in West Africa.
Spotlight
Transforming Africa’s Payment Landscape: A Partnership for Inclusion
"Digital Transformation is among two seismic shifts in the 21st Century keen to attain Sustainable Development Goals. The partnership between UNECA and AfricaNenda aims to transform African Payment systems by improving their effectiveness to increase financial inclusion leading to economic prosperity while achieving the SDGs and Agenda 2063: The African We Want." Dr. Mactar Seck, Chief of Technology and Innovation Section, UNECA,
Spotlight
Ghana showcases its Instant and Interoperable Payment System to African Central Banks and Payment Switches
GhIPSS Instant Pay (GIP), Ghana’s Instant Payment solution, is considered one of the most advanced on the Africa continent, based on AfricaNenda's State of Instant and Inclusive Payment Systems (SIIPS) in Africa report 2022. According to the inclusivity criteria outlined in the SIIPS report, GhIPSS instant Pay is ranked under “progressed inclusivity as it not only meets the fundamental IIPS criteria but also provides inclusive functionality that supports the most widely used channels and essential use-cases, including P2P and P2B transactions.
Spotlight