Instant payment systems (IPS) are becoming essential infrastructure for advancing financial inclusion, digital commerce and regional economic integration across Africa.

This report examines the evolving landscape of IPS across AFI African member countries, exploring implementation pathways, governance and ownership models, technology choices, financing arrangements and the stakeholders shaping system development.

Drawing on country experiences and international case studies, it analyses key policy trade-offs and emerging trends, offering practical guidance to help policymakers design inclusive, sustainable, resilient and interoperable payment systems that support Africa’s digital economies.