AfricaNenda CEO Calls for Instant Payment Infrastructure to Support Africa’s Industrial Transformation

AfricaNenda

AfricaNenda Foundation Chief Executive Officer Dr Robert Ochola has called for the development of interoperable instant payment systems across the continent as a critical foundation for accelerating industrial transformation and strengthening intra-African trade. Speaking at the Ministerial Policy Dialogue on “Financing Africa’s Industrial Transformation in a Changing Global Environment” held in Abidjan, Côte d’Ivoire, Dr.

Guinea Unveils Instant Payment System

Guinea

Guinea has launched NimbaPay, its national instant payment system, marking a step towards a more connected, inclusive and digitally enabled economy. According to the government, the initiative was developed by the Central Bank of the Republic of Guinea (BCRG) and implemented by Guinéenne de Monétique, enabling instant, secure and interoperable payments between participating financial institutions,

Lumepay Launches Institutional-Grade Cross-Border Payment Solutions for African Businesses

Lumepay

Lumepay has officially brought its cross-border payment solutions to market, purpose-built for African SMEs, corporates, and financial institutions doing business and transacting globally. It arrives with a clear goal: to deliver end-to-end cross-border payment solutions powered by stable infrastructure, dependable rails, and deep, reliable liquidity – the foundation African businesses need to grow and connect

Why the SARB is losing patience with South Africa’s banks

SARB

SARB, the South African Reserve Bank, is toying with making low-cost, person-to-person cash transfers mandatory for banks, which still earn billions in fees from their various payment platforms. These transfers have revolutionised the payment systems in countries like Brazil and India. Yet banks’ embrace of the technology has been slow in South Africa, even though,

enza Awarded Payment Service Provider (PSP) Enhanced Licence in Ghana

enza

enza is delighted to announce that it has been awarded a Payment Service Provider Enhanced licence by the Central Bank of Ghana. The award of the PSP Enhanced licence marks an important milestone for enza, Ghana’s financial services sector, and the continued development of regulated digital payments infrastructure across Africa. The Bank of Ghana’s licensing and

Kora Joins International Air Transport Association’s (IATA) Payment Network to Power Airline Payments Across Africa

Kora

Kora, the payment infrastructure platform, has joined the International Air Transport Association’s IATA Financial Gateway (IFG), connecting global airlines to Africa’s payment ecosystem through a single, reliable infrastructure layer. IATA Financial Gateway is the airline industry’s dedicated payment orchestration and management platform. IFG brings together global, regional and local payment partners to provide airlines with

The Tech Replacing Manual Hotel Payment Terminals

Hotel

Hotels now have access to a seamless, end-to-end payment experience that follows the guest from booking through to checkout. Already live across the Red Carnation Hotel Collection’s South African portfolio – including the Oyster Box, Bushman’s Kloof Reserve & Wellness Retreat and The Twelve Apostles Hotel & Spa – it marks a significant step forward

ZANACO–Zamtel Money Point of Sale (POS) Payment Partnership Launch

ZANACO

ZANACO–Zamtel Money Point of Sale (POS) Payment Partnership and its launch mark a significant milestone in Zambia’s journey towards a digitally enabled and financially inclusive economy. By integrating Zamtel Money mobile wallet services with ZANACO’s extensive POS network, the partnership expands access to secure, convenient, and seamless digital payment solutions for businesses and consumers across

Ripple Participates in Flutterwave’s Series E With Strategic Investment to Accelerate African Stablecoin Payments

Ripple

Ripple, the leading provider of blockchain-based enterprise solutions for traditional and digital finance announces a strategic investment for Flutterwave. This partnership marks the definitive next phase of Flutterwave’s long-term stablecoin strategy, seamlessly connecting its existing cross-border settlement capabilities with enterprise-grade digital liquidity. By anchoring this infrastructure in the heart of the continent, Flutterwave is empowering

ACI Worldwide Powers Next-Generation PSP Expansion in Africa with Kwik Payments Go-Live

ACI

ACI Worldwide, an original innovator in global payments technology, today announced that Kwik Payments, a South Africa-based payments service provider (PSP), has successfully gone live on the ACI Payments Orchestration Platform, to power the next phase of digital commerce growth across South Africa and the wider African market The partnership represents a pivotal milestone in ACI’s expansion across Africa,