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GIM-UEMOA and Mastercard formalize a strategic partnership to accelerate innovation and promote financial inclusion in the UEMOA region

by J Obi
July 12, 2024

Dakar, Senegal — Mastercard,  a technology leader in the global payments industry,  partners with GIM-UEMOA, regional domestic payment scheme,  to accelerate financial inclusion in member countries of the West African Economic and Monetary Union (WAEMU).

This partnership between Mastercard and GIM-UEMOA represents a transformative initiative to drive digital payment innovation in the region and create an inclusive financial environment for the benefit of the WAEMU  population. In addition, the collaboration will enable GIM UEMOA to unlock new potentials with its affiliated banks to offer a wide range of benefits to stakeholders and empowers businesses and consumers with greater access to advanced pre-paid and debit card offerings as well as innovative digital payment solutions. 

“GIM-UEMOA is committed to building a more solid and secure digital ecosystem in West Africa that democratizes access to finance. We are confident that this collaboration with Mastercard will bring significant benefits to our citizens and contribute to sustainable economic growth,” said Minayegnan Coulibaly, CEO, GIM-UEMOA.

“At Mastercard, we are harnessing the power of technology and partnerships to advance digital transformation and to co-create robust, seamless, and secure payment solutions. We look forward to working with GIM-UEMOA to accelerate the adoption of emerging payment methods in West Africa and enable businesses and customers to unlock their full potential,” said Dimitrios Dosis, President, EEMEA, Mastercard.

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