The company’s transformation reflects Africa’s broader digital evolution. From its initial focus on mobile wallet connectivity, Onafriq has expanded to support a wide range of financial services including cross-border disbursements, collections, card issuance and processing, offline agent banking services, and foreign exchange and treasury services. This evolution demonstrates how the company has grown alongside the continent’s increasing digital sophistication.

Today, Onafriq’s impressive network infrastructure connects:

This extensive reach enables the platform to serve diverse users across the African continent, from rural beneficiaries receiving social payments to global fintech companies operating throughout Africa. The scale of connectivity represents a significant step toward achieving seamless financial interoperability across the continent.

Dare Okoudjou, founder and CEO of Onafriq, emphasized the company’s unwavering commitment to connecting every individual and business in Africa with each other and the global economy. His vision extends beyond mere connectivity to creating a pan-African infrastructure that eliminates barriers and facilitates seamless financial interactions.

Okoudjou’s reflection on the company’s journey highlights the ambitious nature of their original goal and the substantial progress made toward achieving it. The CEO’s pride in past achievements is matched by his excitement about future opportunities, indicating continued innovation and expansion plans.

As Onafriq enters its next phase of growth, the company is shifting focus toward developing infrastructure with greater local relevance while maintaining its pan-African scale. This strategic approach recognizes that effective financial infrastructure must balance broad connectivity with deep local understanding and compliance.

Nigeria serves as a prime example of Onafriq’s localized approach. The company is developing a unique payments stack specifically designed for Nigeria that combines the strength of its cross-border network with the specific regulatory and foreign exchange realities of one of Africa’s most dynamic economies. This localized infrastructure enables more relevant use cases and fosters an ecosystem where financial activity is active, sustained, and impactful rather than merely registered.

Looking toward emerging technologies, Onafriq is exploring blockchain infrastructure and stablecoin integrations to facilitate near-instant, programmable payments. These technological innovations represent a crucial step toward achieving real-time, interoperable trade across African currencies.

The company’s blockchain initiatives align strategically with the objectives of the African Continental Free Trade Area (AfCFTA), positioning Onafriq to help Africa bypass outdated payment systems in favor of a modern, mobile-first financial ecosystem. This forward-thinking approach demonstrates the company’s commitment to staying ahead of technological trends while serving continental economic integration goals.

Onafriq’s 15-year journey represents more than corporate growth; it symbolizes significant progress toward African financial inclusion and economic integration. By connecting nearly 1 billion mobile wallets and 500 million bank accounts, the company has created infrastructure that enables previously underserved populations to participate in the formal financial system.

The extensive cross-border payment corridor network facilitates trade and remittances across African borders, supporting economic development and reducing the traditional barriers that have limited intra-African commerce. This infrastructure development contributes to the broader goal of creating a more integrated African economy.

With extensive experience, wide reach, and a proven execution track record, Onafriq remains dedicated to building payment infrastructure that unlocks prosperity both across borders and within local communities. The company’s 15-year milestone serves as a foundation for continued innovation and expansion rather than a culmination of its efforts.

The combination of pan-African scale with local depth represents a sophisticated approach to infrastructure development that acknowledges both the benefits of continental integration and the importance of local market understanding. This balanced strategy positions Onafriq to continue driving financial inclusion and economic development across Africa.

Onafriq’s celebration of 15 years of operation marks not just a corporate anniversary but a significant milestone in African financial infrastructure development. The company’s evolution from mobile money interoperability to comprehensive omnichannel infrastructure demonstrates both the rapid pace of African digital transformation and the critical role that innovative financial technology companies play in driving continental economic integration and financial inclusion.

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