# Africamoney **Source:** https://www.startuphub.ai/startups/africamoney **Profile type:** Startup > Africa's first interoperable, reserve-backed Pan-African settlement protocol, AMPA, live on the XRP Ledger. ## About Africa Money Protocol (AMPA) is developing Africa's first interoperable, reserve-backed Pan-African settlement protocol, live on the XRP Ledger. It is designed to unify 54 African currency zones, offering sub-3-second settlement at less than 1% total corridor cost for businesses and individuals across the continent. AMPA is orchestrated by AXIP, which provides sub-second rate negotiation, real-time Proof-of-Reserve audits, and dynamic multi-hop routing on every transaction. ## Key facts - **Slug:** africamoney - **Website:** https://africamoney.io - **Operating status:** Active - **Sectors / tags:** Fintech, Payments, Digital Payments, Financial Inclusion, Remittances, Mobile Payments, Africa, Cross-border Payments, Blockchain, XRP Ledger, Settlement Protocol, Reserve-Backed Asset, Agentic AI - **Social:** - LinkedIn: https://www.linkedin.com/in/giscard-r-minlend-806448100 ## Frequently asked ### What does Africamoney do? Africa Money Protocol (AMPA) is developing Africa's first interoperable, reserve-backed Pan-African settlement protocol, live on the XRP Ledger. It is designed to unify 54 African currency zones, offering sub-3-second settlement at less than 1% total corridor cost for businesses and individuals across the continent. AMPA is orchestrated by AXIP, which provides sub-second rate negotiation, real-time Proof-of-Reserve audits, and dynamic multi-hop routing on every transaction. ### What industry does Africamoney operate in? Africamoney operates in Fintech, Payments, Digital Payments, Financial Inclusion, Remittances, Mobile Payments. ## JSON-LD Structured data aligned with this page's `