The Mojaloop Foundation has announced the deployment 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.
Built on Mojaloop’s open-source payment infrastructure, NimbaPay enables instant transactions between participating banks, electronic money providers and microfinance institutions. The platform is designed to improve interoperability across financial service providers and make digital payments more accessible.
Beyond supplying the technology, the Mojaloop Foundation supported the project by training local technical service providers, including systems integrators responsible for the platform’s ongoing operation and development. It 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.
Jean Bosco Iyacu, Chief Executive Officer of the Mojaloop Foundation, said NimbaPay represents foundational digital public infrastructure that will enable individuals and businesses to transfer money instantly, securely and affordably. He added that the initiative goes beyond technology deployment by supporting financial inclusion, innovation and wider economic participation.
Dr Karamo KABA, Governor of the Central Bank of the Republic of Guinea, described the launch as a milestone in the development of the country’s national payments infrastructure. He said the sovereign platform would strengthen control over critical financial infrastructure, improve everyday transactions and support business operations and economic modernisation.
NimbaPay went live on 22 July 2026 under the leadership of BCRG and GuiM, the country’s national payment switch operator. The project also received strategic and technical support from the AfricaNenda Foundation, while ThitsaWorks handled system implementation. The deployment moved from initiation to launch within six months.
Between June and August 2026, the platform processed 24,064 transactions valued at GNF 19.151 billion, equivalent to approximately US$2.18 million. Transaction volumes increased from 5,542 in July to 18,459 in August, while transaction values rose from GNF 2.584 billion, approximately US$294,000, to GNF 16.567 billion, approximately US$1.88 million.
More than 99% of transactions were processed automatically from end to end, with 228 errors recorded during the reporting period.
The project received government backing through a 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.
Steve Haley, Global Director of Ecosystem and Adoption at the Mojaloop Foundation, attributed the project’s implementation to collaboration between government representatives, technical teams and local stakeholders. He also highlighted the role of leadership in moving the initiative from an open-source technology project to an operational national payment system.
Looking ahead, GuiM and its partners plan to expand NimbaPay through additional use cases. The Mojaloop Foundation will continue supporting the development of local technical capacity to strengthen the platform’s long-term operation and growth.
