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AfricaNenda Foundation Joins the D4D Hub Civil society and Academia Advisory Group
We are proud to announce our recent acceptance as a member of the civil society and academia advisory group within the Digital for Development (D4D) Hub.
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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.
SIIPS
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.
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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.
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AfricaNenda collaborates with Guinea on 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.
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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,
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