Overview of Buna Payment Platform Across the Middle East and Africa

Overview of Buna Payment Platform Across the Middle East and Africa

Owned by the Arab Monetary Fund The Arab Monetary Fund ( AMF ) is a regional Arab organisation and is headquartered in Abu Dhabi, the United Arab Emirates (UAE). Founded in 1976 and commencing operations a year later, it currently has 22 member countries across the MEA region: Algeria, Bahrain, Comoros Djibouti, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Mauritania, Morocco, Oman, Palestine, Qatar, Saudi Arabia, Somalia, Sudan, Syria, Tunisia, UAE and Yemen. According to its website , its mission and vision is to ‘strengthen economic, financial and monetary stability, and development process’ and ‘to lay the monetary foundations for Arab economic integration and promote economic development in Arab countries.’ Its key objectives includes: As what I’ve written about many times, the wider MEA region is undergoing massive economic development and diversifications – many of which are being led by large-scale national strategies. This spans across much of the Arab world – from Saudi Arabia to Egypt to Qatar to Tunisia to Oman – to name a few . Visible examples of this have been the likes of the growth and development of cities as regional and global hubs such as Dubai and Abu Dhabi . So where does fintech and