News
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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Spotlight
AfricaNenda and the Prime Minister's Office of Guinea Join Forces to Launch a Proof of Concept on a National Switch Leveraging 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.
In the media
AfricaNenda leads delegation to learn from Ghana’s instant payment milestones
Ghana has recently taken the global spotlight in the realm of advanced payment solutions with its instant and inclusive payment platform – the GhIPSS Instant Pay (GIP). AfricaNenda therefore led a delegation from central banks and payment switches in Africa to come learn from Ghana’s shinning example.
Spotlight
Transforming Africa’s Payment Landscape: A Partnership for 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.
SIIPS
ABC Money: Instant payments in Africa – showcasing how to create opportunities and advance financial inclusion with brand new benchmark report
AfricaNenda, the United Nations Economic Commission for Africa (UN ECA) and the World Bank have released the State of Instant and Inclusive Payment Systems in Africa report (SIIPS - Africa).
SIIPS
News Anyway: First of its kind report benchmarks instant payments in Africa and highlights how they can create opportunities and advance financial inclusion
AfricaNenda, the United Nations Economic Commission for Africa (UN ECA) and the World Bank have released the State of Instant and Inclusive Payment Systems in Africa report (SIIPS – Africa).
SIIPS