News

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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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.

7 November 2023

AfricaNenda and Co-Develop boost skills of 30 African journalists

AfricaNenda and Co-Develop reinforced their commitment to advancing financial inclusion and economic empowerment in Africa through a strategic media training and briefing event in Addis Ababa, Ethiopia.

19 September 2023

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.