Mastercard Partners With Mojaloop and AfricaNenda to Strengthen Instant Payments in Africa

As countries across Africa continue to modernize their payment infrastructure, Mastercard is expanding its efforts to help build trusted and inclusive payment systems through strategic collaborations with The Mojaloop Foundation and AfricaNenda Foundation. Africa now has 36 live instant payment systems across 31 countries, processing more than 64 billion transactions worth close to US$2 trillion in 2024 alone. As account-to-account payments continue to grow, the new partnerships will help to str