Africa has built sophisticated domestic payment systems, but businesses still struggle to move money across borders

TechTrendsKE · 27/10/2026, 07:39:40

African cross-border payments remain difficult for businesses despite advances in domestic payment systems, according to Kelechi Uchegbulam, chief executive of Passpoint, who told the Africa Blockchain Festival 2026 in Nairobi that the continent must focus on connecting existing financial infrastructure. Uchegbulam said Nigeria’s real-time payment systems, including NIP, and Kenya’s mobile money infrastructure had transformed … The post Africa has built sophisticated domestic payment systems, but businesses still struggle to move money across borders appeared first on TechTrendsKE .