Network International partners with GIM-UEMOA

Network International, a prominent payment solutions provider in the Middle East and Africa, has announced a new partnership with GIM-UEMOA, the regional payment scheme promoting electronic payments in West Africa

The memorandum of understanding (MOU) aims to foster innovation and improve financial inclusion across the eight member countries of the West African Economic and Monetary Union (WAEMU).

This strategic collaboration is set to introduce advanced digital payment solutions within the GIM-Pay framework, leveraging the strengths of both organizations. The initiative will provide secure, seamless, and easily accessible payment systems designed to meet the evolving needs of businesses and consumers in the region.

The partnership will not only support the financial needs of individuals in the UEMOA region but will also enhance the offerings of GIM-UEMOA’s member banks. By adopting these cutting-edge digital payment solutions, these banks will be better positioned to serve their customers and contribute to the region's broader goals of economic growth and financial inclusion.

“Partnering with GIM-UEMOA represents a significant milestone for Network International. Together, we aim to harness our combined expertise to empower the UEMOA region with state-of-the-art payment solutions that drive economic inclusion and prosperity,” stated Dr Reda Helal, managing director & co-head of processing, Africa at Network International.

Minayegnan Coulibaly, managing director of GIM-UEMOA, added, “This collaboration with Network International allows for the pooling of infrastructure and solutions to bring cutting-edge digital payment solutions to the West African banking sector. We look forward to the benefits that will be realised for financial services entities throughout the region.”

Through this partnership, both organizations emphasize their shared commitment to innovation and collaboration within the financial technology sector of West Africa. The initiative highlights the significance of partnerships in addressing the unique financial and economic challenges of the UEMOA region.