Single Africa
Payment Area
We are on a mission to help Africa harmonize and modernize its trade & payments infrastructure to accelerate a unified Africa market.
SAPA is at the center of Payments & Trade Infrastructure Modernization Layer across the Africa cluster.
SAPA is at the center of Payments & Trade Infrastructure Modernization Layer across the Africa cluster. SAPA provides the key funding, technical standards, reference architecture blueprints, capacity building, regulatory harmony & enterprise licensing agreements as well as key system integration community to accelerate the future of Africa trade!
Africa operates in a FRAGMENTED approach in trade & payment systems
Our Goals & Objectives
Regulatory Harmonization and Policy Alignment
Focus on harmonizing regulations, aligning compliance requirements, and fostering coordination among regulatory bodies to streamline cross-border payments and trade facilitation.
Financial Infrastructure Development
Prioritize investment in developing robust financial infrastructure, including payment systems, settlement systems, and connectivity, to enhance efficiency and enable seamless transactions.
Information Sharing and Transparency
Establish platforms for accurate and up-to-date trade information sharing, promote transparency in cross-border transactions, and enhance visibility into transaction statuses, regulatory requirements, and market conditions.
Customs Efficiency and Trade Facilitation
Streamline customs clearance procedures, leverage automation and digitization, and improve coordination among customs authorities to expedite document processing and reduce administrative burdens.
Interoperability and Connectivity
Foster interoperability between payment systems and platforms, enhance connectivity among financial institutions, and promote collaboration to facilitate seamless cross-border transactions.
Capacity Building and Skills Development
Invest in education and training programs to develop technical expertise in financial systems, information technology, trade facilitation, and regulatory frameworks to bridge the skills gap.
Security and Risk Management
Strengthen cybersecurity measures, develop legal frameworks for electronic transactions, and promote awareness and education to mitigate security and fraud risks in payment systems.
Potential Economic Impact For Not Implementing SAPA
Intra-African Trade
in lost trade volume - 20% lower growth in intra-African trade
$
0
billion
Financial Inclusion
in excess remittance costs - 100 million Africans remaining unbanked
$
0
billion
Trade Finance
trade finance gap - 25% higher costs for trade finance transactions
$
0
billion
Port Efficiency
in lost revenue for ports - 30% longer processing times for cargo
$
0
billion
Customs Modernization
in lost customs revenue - 40% higher costs for customs compliance
$
0
billion
Interoperability and Standards
in excess transaction costs - 50% lower adoption of new payment technologies
$
0
billion
Capacity Building
unfilled jobs in the financial sector - 30% slower growth in financial innovation
0
Regulatory Harmonization
in excess compliance costs - 40% lower investment in African fintech
$
0
billion
Economic Growth
annual GDP growth across Africa - 10 million fewer jobs created over the next decade
0
% lower
Total Estimated Impact
in annual economic losses - Significant delays in achieving Agenda 2063 goals
$
0
billion
Our Approach & Methodology
SAPA employs 4 PILLARS to bring transformation to Africa Payments & Trade value chains
Ultimate Integrated Value Chain For SAPA
Ultimate Integrated Value Chain For SAPA
Ultimate Integrated Value Chain For SAPA
Ultimate Integrated Value Chain For SAPA
SAPA Overall Impact
SAPA Advances Fintech Growth
Mobile Wallets & Agent Banking
Expanding access to financial services in rural areas, by leveraging mobile wallets and agent banking networks
Digital Onboarding & KYC Solutions
Providing efficient digital onboarding and KYC solutions, streamlining customer verification processes for cross border transactions within SAPA
API - Application Programming Interfaces
Companies can develop innovative financial products and services by leveraging open API's within the SAPA framework.
Data Analytics & AI
Utilizing data analytics and AI (Artificial Intelligence) to identify and mitigate fraud risks associated with cross-border payments within SAPA,
Blockchain Technology
Blockchain's secure and transparent nature can be leveraged for cross-border settlements within SAPA,
3D Approach to Single Trade & Payments Area
Modern RTGS Stack
@ Central Bank Level
Modern Trade & Supply Chain Finance Platform & Payment Hubs
@ Commercial Bank Level
Modern Single Window/Integrated TAX Admin System (ITAS)
@ Port & Harbour / Customs Level
Modern RTGS Stack
@ Central Bank Level
Modern Trade & Supply Chain Finance Platform & Payment Hubs
@ Commercial Bank Level
Modern Single Window/Integrated TAX Admin System (ITAS)
@ Port & Harbour / Customs Level
SAPA is at the center of Payments & Trade Infrastructure Modernization Layer across the Africa cluster. SAPA provides the key funding, technical standards, reference architecture blueprints, capacity building, regulatory harmony & enterprise licensing agreements as well as key system integration community to accelerate the future of Africa trade!
SAPA is at the center of Payments & Trade Infrastructure Modernization Layer across the Africa cluster. SAPA provides the key funding, technical standards, reference architecture blueprints, capacity building, regulatory harmony & enterprise licensing agreements as well as key system integration community to accelerate the future of Africa trade!
Leadership
Samuel Amanor
Founder & CEO, Lead Product Strategy
Domenico Scaffidi
Global Lead & President of Global Payments & Schemes
Alexandre Arnoux
Global Partner Lead - Trade Finance & Innovation
Emmanuel Obinne
VP of Technical PreSales
Raphael Andrade
VP Business Development Trade Finance
Ahana Anaba
Partner Lead Supply Chain Finance & Advisory
Michael Appiah
Advisory - DevOps & CTO
Phyllis Kuenyehia
Partner Business Development & Strategic Partnerships
Jean Paul Megue
BA & Project Manager
Kikun Alo
Partner Legal Advisory - Global Payments
Ababacar Seck
Lead Advisory PAN African Remittance
Daniel Sarpong
Lead Corporate Banking
Nicolas Pochon
Domain Lead – Trade & Supply Chain Finance Systems
Influencers & Advocates
Enterprise Technology Partners
