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Network International Teams up With West Africa Payment Scheme to Boost Regional Economic Inclusion

January 31, 2025
in DeFi
Reading Time: 2 mins read
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Community Worldwide, the cost options supplier within the Center East and Africa, is partnering with GIM-UEMOA, the regional cost scheme in West Africa, to boost monetary inclusion throughout the eight member nations of the West African Financial and Financial Union (WAEMU).

By means of the partnership, GIM-UEMOA, which promotes digital funds throughout the banking, monetary and public administration sectors in West Africa, goals to boost its worth proposition for its affiliated member banks, enabling them to higher serve their finish prospects with new digital cost options.

The partnership goals to assist ship digital cost options below the GIM-Pay framework, by leveraging the strengths of Community Worldwide. This initiative goals to learn the inhabitants of the UEMOA area by offering safe, and accessible cost techniques that meet the rising calls for of companies and shoppers alike.

Dr Reda Helal, managing director and co-head of processing, Africa, at Network International, talks West Africa payment schemeDr Reda Helal, managing director and co-head of processing, Africa, at Network International, talks West Africa payment scheme
Dr Reda Helal, managing director and co-head of processing, Africa, at Community Worldwide

“Partnering with GIM-UEMOA represents a big milestone for Community Worldwide,” stated Dr Reda Helal, managing director and co-head of processing, Africa, at Community Worldwide. “Collectively, we purpose to harness our mixed experience to empower the UEMOA area with state-of-the-art cost options that drive financial inclusion and prosperity.”

By means of the brand new partnership, Community Worldwide and GIM-UEMOA have reaffirmed a shared dedication to innovation and collaboration in West Africa’s monetary expertise house. This partnership additionally hopes to considerably underscore the significance of alliances in addressing the varied monetary and financial wants of the UEMOA area.

Minayegnan Coulibaly, managing director of GIM-UEMOA, added: “This collaboration with Community Worldwide permits for the pooling of infrastructure and options to deliver cutting-edge digital cost options to the West African banking sector. We sit up for the advantages that might be realised for monetary companies entities all through the area.”

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Tags: AfricaboostEconomicInclusionInternationalNetworkPaymentRegionalSchemeTeamsWest
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