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Cellulant Welcomes Leading Executives from Payment Industry Leaders To Strengthen Its Management Team And Drive Its Global Growth Strategy

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Cellulant

Newly Appointed Executives from Stripe, Interswitch and Network International to drive Cellulant’s Next Phase of Growth

NAIROBI, Kenya, April 16, 2024/APO Group/ — 

Cellulant (www.Cellulant.io), a pioneering force in payments in Africa, is proud to announce the appointment of several leading executives from esteemed global payment companies into its management team,marking a significant step in its growth plans. Bolstering its leadership team with top-tier talent in technology, compliance, finance and audit, underscores Cellulant’s commitment to operational excellence and growing its service offerings to enterprise businesses.

Andy O’Sullivan, Chief Technology Officer (CTO), joins Cellulant on the back of a distinguished two-decade career in technology leadership in payment companies in the EMEA. His expertise lies in leading high-performing multicultural technology teams to scale agile delivery, build enterprise architecture and drive strategic technology advancements. He has held several C-level positions at leading payment network companies such as Geidea Group, Network International and Telr. Notably, he co-founded Innovate Payments, culminating in its acquisition by Telr, where, as the CTO of Telr, he focused on expanding merchant acquiring activities and developing transaction processing platforms.

Gbenga Haastrup joins Cellulant as the Executive Consultant: Governance, Risk and Compliance, leveraging over 20 years of experience in Governance, Risk, and Compliance management across fintech, technology and financial services sectors. He will oversee all compliance, legal, regulatory and governance standards, developing a robust risk culture within Cellulant. With a seasoned career spanning executive leadership positions at UMBA, ATB Financial, Interswitch, UBA  and Standard Chartered Bank, Haastrup brings a wealth of sector-specific expertise to his new role.

Assuming the role of Group Head of Internal Audit, Irene Koki, brings over 15 years of experience in risk and audit roles having worked in financial services, manufacturing, corporate and government organisations. Reporting to Cellulant’s board of directors, she will work closely with the leadership team to drive operational efficiency measures and strengthen organisational governance to support Cellulant’s growth.

We are thrilled to welcome these new leaders to Cellulant

Ochebhoya Ekpete, Vice President of Group Finance, brings a proven track record of financial stewardship and strategic acumen to Cellulant. With over a decade of experience in the payments industry in Africa and the UK, Ekpete will oversee all corporate finance functions, including financial controllership, financial reporting, tax, pricing and financial planning and analysis. Before his time at Cellulant, Oche held senior finance roles at Thames Water, Reading; Stripe, London; and Interswitch, Nigeria.

Susan Fouche, now the Group Chief People Officer, will build on her deep understanding of Cellulant’s vision and people, and draw from her extensive experience in her previous roles at Visa, Barclays and 10x Investments to cultivate a high-performing, engaged workforce. Susan assumes the role after two years of successfully delivering on Cellulant’s organisational design, reward and career mobility frameworks in her previous role as the Vice President, Organisational Effectiveness, Performance, Reward, and Talent Acquisition.

Peter O’Toole, Cellulant’s Acting Chief Executive Officer expresses enthusiasm for these pivotal appointments stating, “We are thrilled to welcome these new leaders to Cellulant. Their specific expertise in payments and financial services will play a vital role as we strengthen our capabilities in product growth, service delivery, operational efficiency, and risk management to better serve our ever-growing database of enterprise businesses across the world.”

The appointments come at a time when Cellulant has refocused its business to achieve operational excellence, customer intimacy, and adherence to risk and regulatory compliance standards.

“Our overarching objective is to establish Cellulant as a highly sustainable and profitable payments company, renowned for the operational excellence showcased across our three core Business Units: Checkout, Payout, and Banking Solutions,” said O’Toole.

Operating at the forefront of the industry, Cellulant facilitates payments for renowned global brands spanning diverse sectors, including Airlines, Telecoms, E-commerce, Ride-Hailing, Retail, Banking, and Remittances.

Distributed by APO Group on behalf of Cellulant.

Events

As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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Debate

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Business

Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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CLG

After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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Business

The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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ITFC

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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