Foreword: Visa, in conjunction with our partners across Africa,
touches the lives of over 500 million people, through our
services and innovations. With our electronic payment
network across the continent, we are helping to unleash
the enormous potential of a rising Africa.
And to better understand where we can serve Africa’s
payment needs on a country-specific basis, we produced
the first Visa Africa Integration Index in 2013. The purpose
of this reiteration is to reassess the progress Africa has
made in economic integration, a vital ingredient for
The Index measures the degree of economic integration,
both regionally and globally, within key trade corridors of
Sub-Saharan Africa, namely West Africa, East Africa and
Southern Africa. At present, these are Visa’s key African
markets where we have an established infrastructure and
The Index was instructive in providing insights into areas
where Africa is growing rapidly and integrating with the
rest of the world. It also highlighted areas of untapped
potential. It remains the case that the prospect for African
economies’ economic growth and development remains
sound. And this year the results of the Visa Integration
Index are encouraging. The trend of greater integration
across Africa continues. Integration is improving in nearly
every country in our study.
Visa contributes to improved integration through
solutions that provide consistent payment standards.
This has always been a cornerstone of our business.
Innovations such as cross-border remittances, mobile
money and commercial solutions, amongst others, all
contribute to greater integration within the African
continent and into the global economy. The Index
helps provide thought leadership on Africa’s regional
integration, enables us to track changes and progress over
time and ensure we provide Africans with the best way to
pay and be paid.
We also hope it can provide policymakers with an
insightful and academically sound tool to help shape