For decades, a business in Accra paying a supplier in Lagos had to route the transaction through a bank in London or New York, converting cedis to dollars and dollars back to naira along the way. That detour added cost,…
Africa already runs one of the most advanced mobile payment ecosystems in the world. What it hasn’t fully built yet is the infrastructure layer underneath that ecosystem — the identity systems, data-sharing rules, and interoperable rails that determine whether fintech…
For years, Africa’s $450 billion financing gap for households and small businesses felt immovable. The African Development Bank’s 2024 estimate captured a stubborn reality: limited collateral, invisible credit histories, and costly verification locked millions out of opportunity. Yet across the…
In March 2007, Safaricom launched a small experiment that would quietly reshape an entire continent. M-Pesa, built to let Kenyans move money through simple SMS, was never described as Digital Public Infrastructure (DPI). Policymakers worried it might destabilize the financial…
The African Export-Import Bank (Afreximbank) has emerged as a linchpin in Africa’s economic evolution, building trade, industrialization, and financial integration while increasingly leveraging digital public infrastructure (DPI) to amplify its impact. Established over 30 years ago, this Pan-African multilateral institution…
Kenya’s drive to build a robust digital public infrastructure cuts across multiple sectors, including finances. One example of the country’s stride in this industry is PesaLink, which we will examine in this article. While the development and implementation of numerous…
Imagine a Kenya where every financial transaction—be it buying groceries in Nairobi or sending money to family in Mombasa—happens instantly, securely, and inclusively. This vision is rapidly becoming a reality as Kenya embarks on a transformative journey to revolutionize its…
Digital public infrastructure (DPI) isn’t just a tool – it’s a game changer for Africa. Here’s why: Countries that have invested in strong digital foundations are proving that DPI is more than just a service – it’s a vital public…
Kenya has implemented several key Digital Public Infrastructure (DPI) projects that have significantly impacted various sectors. In fact, the East African country is one of the biggest adopters of the initiative in Africa. In this article, we will examine two…
In recent years, Africa has witnessed a rapid advancement in digital banking, reshaping the continent’s financial landscape. Somalia is a remarkable example, where East Africa’s Salaam Bank, in collaboration with Paymentology, has launched a co-branded tokenised tap-to-pay digital companion card…