With this development, Burundi becomes the 22nd country in Africa to implement an instant payment system, reflecting a growing continental shift toward faster and more inclusive digital payment infrastructure.

The partnership is built around three core pillars: technical capacity building, the promotion of financial inclusion and financial literacy, and the development of secure and resilient payment systems.

The investment will support the firm’s mission of improving financial inclusion by providing working capital loans alongside business training for micro and small enterprises that are often underserved by traditional banking systems.

The initiative targets individuals and small businesses that often face challenges accessing traditional banking credit.

Through the launch of the WPS Savings Account, Bank Nizwa reaffirms its commitment to providing responsible Islamic financial solutions that promote workforce stability, regulatory compliance, and inclusive economic growth across the Sultanate.

The official inauguration of the new service points reflects the bank’s ongoing organic expansion strategy aimed at strengthening financial inclusion, enhancing service accessibility, and supporting the economic and social development of communities across Oman.

Priority initiatives discussed include the expansion of network infrastructure, digitalization of public administration, and promotion of mobile payment systems to reduce cash dependency and strengthen financial inclusion in Burkina Faso.

This initiative comes as part of the Bank’s strategy to enhance financial inclusion for low-income segments that often lack access to appropriate financial and banking services.

The event reinforced Namibia’s ambition to emerge as a regional leader in digital payments, ensuring that innovation, security, and inclusivity remain at the core of its financial sector reforms.

The initiative is part of Airtel’s broader commitment to advancing the agricultural sector through financial technology, enhancing payment systems, and promoting financial inclusion for rural farmers across the region.