iib West Africa awarded with Financial Innovation in Africa award by Global Finance
- heldervieira9
- Oct 28
- 1 min read
iib West Africa was recognized by the international magazine Global Finance on the 7th in London with the “Top Innovation in Finance in Africa” award, as part of the “The Innovators 2025” program.
The ceremony brought together financial leaders and technology innovators from around the world. iib West Africa's digital account opening initiative is highlighted as an example of inclusive innovation, promoting greater access and financial empowerment for customers.
“This award recognizes iib West Africa's ability to keep pace with the growing digitalization of the market and respond to the demand for faster, more accessible, and secure banking solutions, while maintaining our high quality of service,” said Joseph Carasso, CEO of iib West Africa.
“It is a proud moment for our team and a reflection of our ongoing commitment to innovation in financial services,” the statement read.
The free digital account opening allows individuals and businesses to create accounts remotely in three currencies: Cape Verdean escudos, euros, and dollars.
iib West Africa intends to expand its digital ecosystem with new features, including online credit applications, investment tools, and other essential banking services. These innovations are part of the bank's long-term strategy to make financial services fully accessible online, in line with
Cape Verde's vision for a digitally connected economy.
The Innovators 2025 award recognizes institutions that are redefining the financial sector through creativity and technology.
Author: Sheilla Ribeiro, October 13, 2025
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