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The Real-Time Revolution: How Instant Payments are Changing African Lives
Welcome back to the Young World Podcast! In this episode, host Monica Fluke is joined by Tochukwu Egesi (Head of Payments & Digital Financial Services at Genesis Analytics) and William Uko (Head of Strategy and Research at NIBSS) to discuss the future of Africa as a real-time economy.
For too long, moving money across Africa has been slow, expensive, and heavily reliant on cash, a system that often leaves the most vulnerable behind. But a quiet revolution is happening.
Our guests unpack the rise of Instant Payment Systems (IPS) and explain how this technology is moving beyond simple convenience to build a "real-time economy." From gig workers receiving instant wages to smallholder farmers securing immediate payment for their harvests, we explore how real-time data and funds are becoming the new engine for continental development.
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By The Young World PodcastWelcome back to the Young World Podcast! In this episode, host Monica Fluke is joined by Tochukwu Egesi (Head of Payments & Digital Financial Services at Genesis Analytics) and William Uko (Head of Strategy and Research at NIBSS) to discuss the future of Africa as a real-time economy.
For too long, moving money across Africa has been slow, expensive, and heavily reliant on cash, a system that often leaves the most vulnerable behind. But a quiet revolution is happening.
Our guests unpack the rise of Instant Payment Systems (IPS) and explain how this technology is moving beyond simple convenience to build a "real-time economy." From gig workers receiving instant wages to smallholder farmers securing immediate payment for their harvests, we explore how real-time data and funds are becoming the new engine for continental development.