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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.
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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.Spotlight
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.Spotlight
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.Spotlight
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,Spotlight
Ghana showcases its Instant and Interoperable Payment System to African Central Banks and Payment Switches
GhIPSS Instant Pay (GIP), Ghana’s Instant Payment solution, is considered one of the most advanced on the Africa continent, based on AfricaNenda's State of Instant and Inclusive Payment Systems (SIIPS) in Africa report 2022. According to the inclusivity criteria outlined in the SIIPS report, GhIPSS instant Pay is ranked under “progressed inclusivity as it not only meets the fundamental IIPS criteria but also provides inclusive functionality that supports the most widely used channels and essential use-cases, including P2P and P2B transactions.Spotlight