AfricaNenda Foundation reports that 40 African countries have access to domestic instant payment systems, while four regional systems enable cross-border payments.
Published
Signal category
Research & Knowledge
Quote
“Today, 40 African countries have access to domestic #instantpayment systems, while four regional systems enable #crossborder payments”
— AfricaNenda Foundation team
Company
AfricaNenda Foundation
Accelerating Inclusive Instant Payment Systems
- Industry
- Financial Services
- Location
- Grand Baie, MU
- Company size
- 35 employees
AfricaNenda Foundation is an Africa-based, African-led nonprofit working with central banks and payment ecosystem stakeholders to accelerate the design, development, launch, and improvement of inclusive instant payment systems. Our team of 21 experts in 11 countries provides technical expertise, builds capacity, shares knowledge, and advocates for inclusivity across the IIPS project lifecycle. Through this work, we aim to help deliver the power of seamless and affordable digital payments to 260 million financially excluded Africans by 2030.
Founded 2021