Payments processing multinational Mastercard has launched its Africa Cybersecurity Centre of Excellence – a pan-African initiative designed to strengthen cyber-resilience, enhance collaboration and help safeguard the trust that underpins Africa's expanding digital economy.
The centre extends Mastercard’s expertise and network, which brings global competence and intelligence to one of the world's fastest-growing digital economies, it says.
Mastercard CEO Michael Miebach says the launch reflects Mastercard's long-term commitment to supporting Africa's digital transformation by helping organisations anticipate, withstand and recover from increasingly sophisticated cyberthreats.
The multiyear initiative will begin a phased rollout this year, starting with South Africa and Nigeria. Through this collective model, the centre aims to support the strengthening of cyber-resilience and preparedness and enable more secure digital growth across Africa.
As digital adoption accelerates across Africa, cybersecurity has become an imperative for economic growth, he says.
