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Building a Smoother Path to Instant Payments in Ethiopia

Ethiopia has been steadily advancing its digital payments landscape over the past few years. Banks, microfinance institutions, and new market players are working hard to offer customers faster and more reliable ways to move money. But as the sector grows, many institutions face the same behind-the-scenes challenge: connecting their systems to the national Instant Payment System (IPS) in a way that is simple, secure, and doesn’t require major internal restructuring.

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16 May 2023 / Tewodros Besrat, Technical Expert, Digital Payments

Collaborating to transform Africa's payment landscape via 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,

9 May 2023

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.

2 June 2022 / Jacqueline Jumah, Technical Expert & Sabine Mensah, Deputy CEO, AfricaNenda. Article published in the Digital Banker Africa Magazine

All Eyes on Instant Payments for Greater Financial Inclusion in Africa

Article initially published on the Digital Banker Africa Magazine.