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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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SIIPS
NIP Nigeria Becomes Africa’s First “Mature” Instant Payment System
At the launch of State of Inclusive Instant Payment Systems (SIIPS) 2025 in Eswatini, the continent witnessed a breakthrough: Nigeria Inter‑Bank Settlement System Plc (NIBSS)’s NIBSS Instant Payment (NIP) platform became the first instant payment system (IPS) in Africa to reach the “Mature” level on the AfricaNenda Foundation Inclusivity Spectrum.
SIIPS
SIIPS Report 2024: Charting Africa’s Progress in Inclusive Digital Payments
As Africa continues its digital transformation, the SIIPS Report 2024—launched today in Accra in partnership with AfricaNenda, the World Bank, and the United Nations Economic Commission for Africa (UNECA)—highlights the extraordinary growth of Instant Payment Systems (IPS) across the continent and explores their impact on financial inclusion.
SIIPS