News

Liberia Reaches a New Milestone in Africa’s Instant Payments Journey

Liberia has reached an important milestone in the development of inclusive instant payments with the launch of the Inclusive Instant Payment System (IIPS). The launch event was held in the presence of H.E. Joseph N. Boakai, Sr., President of the Republic of Liberia, and Hon. Augustine Kpehe Ngafuan, Minister of Finance and Development Planning.

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15 March 2024

AfricaNenda and GIMAC Convene Workshop to Advance Financial Inclusion in Central Africa

Douala, 12 March 2024 – Building upon their commitment to driving financial inclusion and digital innovation across Central Africa, AfricaNenda and GIMAC (Groupement Interbancaire Monétique de l’Afrique Centrale) are set to host a transformative workshop from March 12th to March 14th in Douala.

13 February 2024

Ground set to ease access to digital financial services and expansion of digital public infrastructure in Africa.

Addis Ababa - February 13th, 2024 - In a world increasingly reliant on digital connectivity, access to financial services remains a crucial determinant of economic empowerment and social development. Unfortunately, millions of Africans are excluded from the formal financial system, trapped in a cycle of poverty and limited opportunities, principally because of limited investments in digital infrastructure especially in our rural areas.

8 November 2023

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.