The Next Wave: Africa’s payment rails have a participation problem

The Next Wave: Africa’s payment rails have a participation problem

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First published on July 27, 2026

I spent part of this week in Abidjan at a media training hosted by AfricaNenda Foundation, digging into how instant payment systems work across Africa. The continent now has 36 domestic and regional instant payment systems, but relatively few meet the broader tests AfricaNenda uses to measure inclusion.

That gap matters because governments, banks and fintechs are investing heavily in payment infrastructure, but faster payments alone do not broaden access. If only a narrow group of institutions can use the rails, much of the digital economy remains outside them.

Originally published by TechCabal.

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