News

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.

Latest news

20 November 2024

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.

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.