(Juba) – The Governor of the Bank of South Sudan, Dr. Addis Ababa Othow, met on Monday with the World Bank Country Director, Mr. Charles Undeland, to discuss ways to support the country’s shift towards digital financial systems, with a particular focus on improving public awareness and cooperation.
The meeting in Juba centred on the growing importance of digital banking and how it can be used to enhance financial inclusion and service delivery. Dr. Othow noted that the Bank of South Sudan has already taken several steps toward this goal, including engaging mobile money operators and encouraging citizens to adopt digital payment platforms.
He emphasised that wider public participation and sound regulations are essential to support the ongoing digital transition. According to the Governor, strong oversight and an inclusive approach would ensure that digital finance benefits people across all regions and communities in the country.
Mr. Undeland reaffirmed the World Bank’s commitment to helping South Sudan build resilient digital financial systems. He stressed the importance of shared responsibility between public institutions, the private sector and citizens in embracing the transition and making it successful.
Also present at the meeting were senior officials from the Central Bank, including Dr. Chan Andrea, Director General for Banking Operations, and Dr. Majok Kuol Mading, Director General for Banking Supervision and Financial Stability. Dr. Chan highlighted that the institution’s current focus is on financial modernisation and stability, which he said are key pillars in driving national development.
The Central Bank’s push for digital finance comes as mobile money services gain traction in South Sudan, especially in urban areas like Juba. However, limited access to information, digital literacy, and connectivity in rural areas remain major challenges.
Strengthening public awareness campaigns and regulatory systems is expected to help build trust and expand usage. According to fintech analysts, increasing the use of digital platforms can reduce the risks associated with carrying physical cash, lower transaction costs, and offer safer and faster services for individuals and businesses.
