Guinea Launches National Instant Payment System Powered by Mojaloop

The Mojaloop Foundation  has announced the implementation of its open-source payment technology in Guinea to power NimbaPay , the country’s national Inclusive Instant Payment System (IIPS), aimed at expanding access to secure and interoperable digital payments.

NimbaPay is built on Mojaloop’s open-source payment infrastructure and enables instant payments between participating banks, electronic money providers and microfinance institutions in Guinea. The platform is designed to improve interoperability across financial service providers and make digital transactions more accessible.

Beyond providing the technology powering the payment system, Mojaloop supported the initiative through training for local technical service providers, including systems integrators responsible for the platform’s ongoing operation and development. The foundation also participated in stakeholder engagement alongside AfricaNenda, the Central Bank of the Republic of Guinea (BCRG), La Guinéenne de Monétique (GuiM) and participating financial institutions.

According to AfricaNenda’s 2025 State of Instant and Inclusive Payment Systems (SIIPS) report, Guinea becomes the 31st African country to operate a national instant payment system, joining countries such as Rwanda and Liberia.

“NimbaPay is more than a new payment system, it is foundational digital public infrastructure that will enable the people and businesses of Guinea to move money instantly, securely and affordably. Our role has not only been to provide open-source technology, but to work alongside our partners to help Guinea bring to life its vision of a payment system that enables innovation, strengthens financial inclusion and expands economic participation.”

– Jean Bosco Iyacu, Chief Executive Officer, Mojaloop Foundation

“The launch of NimbaPay is a major milestone in the development of Guinea’s national payments infrastructure. As a sovereign platform, it will strengthen our control over critical financial infrastructure, support secure and efficient everyday transactions, enable businesses to operate more effectively and advance the modernization of our economy. Its impact will extend well beyond today, providing a foundation for Guinea’s economic development for decades to come.”

– Dr. Karamo KABA, Governor, Central Bank of the Republic of Guinea

NimbaPay went live on July 22, 2026, under the leadership of BCRG and GuiM, the country’s national payment switch operator. The deployment also received strategic and technical support from the AfricaNenda Foundation, while ThitsaWorks handled system implementation. The project moved from initiation to launch within six months.

Since going live, the platform has processed 24,064 transactions valued at GNF 19.151 billion (approximately $2.18 million) between June and August 2026. Transaction volumes increased from 5,542 in July to 18,459 in August, while transaction values rose from GNF 2.584 billion (approximately $294,000) to GNF 16.567 billion (approximately $1.88 million).

More than 99% of transactions were processed automatically from end to end, with only 228 errors recorded during the period, indicating the platform’s capacity to handle increasing transaction volumes.

The initiative received government backing through a project steering committee chaired by BCRG First Vice-Governor Elhadj Mohamed Lamine Conté, who also chairs GuiM’s Board of Directors, under the oversight of Governor Dr. Karamo KABA. GuiM Director General Aly Badara Bérété provided operational leadership.

“Collaboration has been the key to NimbaPay’s successful implementation. From the government champions who backed the vision publicly, to the technical teams managing the integration, it is this shared commitment that turns an open-source technology into a live national payment system. Collaboration only moves forward with strong and capable leadership, however, and Aly Badara Bérété has been a relentless changemaker for his country.”

– Steve Haley, Global Director of Ecosystem and Adoption, Mojaloop Foundation

Looking ahead, GuiM and its partners plan to expand NimbaPay with additional use cases, while the Mojaloop Foundation will continue supporting the development of local technical capacity in Guinea.