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Afreximbank Launches Inaugural Accelerator Programme Cohort to Scale Africa’s Digital Trade Ecosystem

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Afreximbank

The programme underscores Afreximbank’s growing role as a catalyst for Africa’s trade and innovation ecosystem, providing a structured platform to identify and scale high-impact ventures

Afreximbank is proud to be a partner, an enabler and a committed stakeholder in the success of the next generation of African trade champions

CAIRO, Egypt, March 26, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has officially launched the inaugural cohort of its “Afreximbank Accelerator Programme,” bringing together eight high-potential startups from across Africa and the diaspora for an intensive kick-off week taking place in Cairo from 23-27 March 2026.

 

Selected from a highly competitive pool of over 1,600 applications, the cohort represents some of the most promising ventures building digital infrastructure for intra-African trade from across the continent. These startups operate across key sectors including cross-border payments, digital logistics, agri-export platforms, AI-powered enterprise solutions, supply chain finance and diaspora investment mobilisation.

Participating in the cohort are the startups Fincart.io of Egypt; OnePort 365, which operates in Nigeria, Ghana and Kenya; Timon, a pan-African entity active in 15 countries; Zowasel, also active in Nigeria, Kenya and Tanzania; Gebeya, which is both Ethiopian and pan-African; Fluna, also a pan-African startup active in 10 countries; Capsa Technologies of Nigeria; and Daba Finance whose operations cover Francophone Africa.

Under the programme, which has been conceptualised, designed, and operated by Afreximbank, qualifying startups will be supported with investment of up to US$250,000, subject to standard investment criteria and due diligence, complemented by mentorship, market access, and strategic partnerships designed to accelerate their expansion across Africa.

The Cairo kick-off week, that commenced at Afreximbank’s headquarters on March 24, 2026 features a series of high-level engagements with the Bank’s leadership, industry experts, mentors and ecosystem partners. The week will culminate in an exclusive Social Mixer at the Grand Egyptian Museum, symbolically linking Africa’s rich heritage with its rapidly evolving innovation future.

Driving Africa’s Digital Trade Future

Speaking during the kickoff meeting, Mr. Haytham Elmaayergi, Executive Vice President, Global Trade Bank at Afreximbank, highlighted the significance of the event: “Today, we move from promise to execution, because we understand a fundamental truth: trade does not happen within the pages of policy documents. Trade happens through businesses. It happens through entrepreneurs. It happens through builders. What excites me the most about this cohort is not only who you are, but what you represent. You are building the digital rails that will define how Africa trades in the 21st century.”

He added: “This Accelerator Programme is part of a much broader ambition: an Africa where start-ups scale across the continent as a matter of course, where businesses trade seamlessly across borders, and where the continent operates as a truly integrated economic force.  Afreximbank is proud to be a partner, an enabler and a committed stakeholder in the success of the next generation of African trade champions.”

In addition to the core sessions, the eight startups met with Afreximbank President, Dr. George Elombi and the senior leadership team for expert-led briefings on a variety of topics.

The Accelerator Programme offers a differentiated value proposition by combining:

  • Direct access to Afreximbank’s pan-African network of governments, financial institutions, corporates, and trade partners
  • Market access and deal facilitation opportunities across key African trade corridors
  • Regulatory and policy guidance, leveraging the Bank’s relationships with central banks and regulators
  • Integration pathways into the Bank’s digital trade ecosystem, including the Africa Trade Gateway (ATG) and the Pan-African Payments and Settlement System (PAPSS)

This approach positions Afreximbank as a strategic enabler of cross-border trade and continental scale, helping startups navigate licensing, compliance and market entry across multiple jurisdictions. Beyond this, the Bank plays a central role in shaping Africa’s digital trade ecosystem, combining market access, partnerships, and infrastructure to support the growth of scalable, continent-wide solutions.

The programme underscores Afreximbank’s growing role as a catalyst for Africa’s trade and innovation ecosystem, providing a structured platform to identify and scale high-impact ventures. Through this initiative, the Bank is actively enabling the development of the digital infrastructure underpinning the implementation of the African Continental Free Trade Area (AfCFTA) agreement, positioning itself at the forefront of efforts to drive intra-African trade, market integration and economic transformation across the continent.

Collectively, the eight start-ups operate across more than 15 African countries, spanning key trade corridors in West, East, North and Southern Africa. Their traction highlights the scale and potential of African innovation. Fluna has facilitated more than US$50 million in trade across 10 countries. Capsa has processed over NGN70 billion in supply chain finance. OnePort 365 connects the Nigeria-Ghana-Kenya trade corridors. Timon supports payments in 15 countries, with plans to expand to 40 countries, and Zowasel has connected more than 4,000 verified cooperatives and agribusinesses.

Together, these ventures are building the digital rails for intra-African trade, accelerating the implementation of the AfCFTA and unlocking new pathways for economic integration across the continent and the wider Global Africa network.

Distributed by APO Group on behalf of Afreximbank.

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Coca-Cola system aims to strengthen water security in Tanzania with USD 1.94 million investment

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Coca-Cola

The initiative focuses on improving water replenishment through nature-based solutions, restoring catchment areas, and supporting more sustainable water management in the Ngerengere catchment of the Ruvu sub-basin

MOROGORO, Tanzania, March 25, 2026/APO Group/ –The Coca-Cola system (https://CCBAGroup.com/)  in Tanzania is investing USD 1.94 million to help restore the Ruvu Basin, a vital water source serving Dar es Salaam, the country’s commercial capital of approximately 9 million (https://apo-opa.co/40TfNFO) people, and a lifeline for communities, farms, and businesses across eastern Tanzania.

 

The initiative focuses on improving water replenishment through nature-based solutions, restoring catchment areas, and supporting more sustainable water management in the Ngerengere catchment of the Ruvu sub-basin. It also aims to strengthen capacity for watershed management, help restore degraded catchment areas and promote water stewardship.

Led by the Global Water Challenge (GWC) and implemented by the International Union for Conservation of Nature (IUCN), in partnership with the Wami-Ruvu Basin Water Board (WRBWB), the project aims to deliver on-the-ground impact, including tree planting and the uptake of more climate resilient livelihood practices, benefiting at least 2,000 farmers.

The Coca-Cola system intends to continue focusing on promoting water stewardship, increasing water use efficiency, and treating and returning safe water to communities

This work forms part of the Coca-Cola system’s Africa Water Stewardship Initiative, launched in 2024. The initiative represents a nearly USD 25 million investment to help address critical water-related challenges in local communities in 20 African countries by 2030.

“The world is experiencing increased water insecurity, which is evident through water scarcity, with demands for safe, usable water exceeding supply in certain areas and scarcity challenges forecast to increase in the future. The Coca-Cola system intends to continue focusing on promoting water stewardship, increasing water use efficiency, and treating and returning safe water to communities,” said Alfred Olajide, Vice President, Franchise Operations, East and Central Africa at Coca-Cola.

David Chait, Managing Director of Coca-Cola Kwanza added: “As part of the Coca-Cola Beverages Africa group, we have a responsibility to assist those who face water scarcity and to help protect local water resources where we operate, especially in places with the biggest challenges. The Coca-Cola system’s Africa Water Stewardship Initiative aims to help protect and enhance the health of important watersheds and to improve access to water and sanitation services in local communities.”

Charles Oluchina, Country Representative, IUCN Tanzania, said: “We are proud to be the implementing partner, alongside WRBWB, for this project. This initiative is aimed at helping to protect and restore the Ruvu sub-basin focusing on Ngerengere catchment through nature-based solutions and improving water security and livelihoods for communities.”

“Recognising that partnerships are critical to support this work, Coca-Cola and its authorised bottlers are collaborating with governments, businesses, and civil society organisations to design and implement strategic interventions for a better shared future,” concluded Olajide.

Distributed by APO Group on behalf of Coca-Cola Beverages Africa.

 

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Marriott Bonvoy Partners with Ethiopian Airlines, Taking Member Travel Benefits to New Heights

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Marriott

This collaboration marks a key partnership for Marriott Bonvoy with a leading African airline, connecting Ethiopian Airlines’ network of over 145 destinations with Marriott Bonvoy’s global portfolio

ADDIS ABABA, Ethiopia, March 24, 2026/APO Group/ –Marriott Bonvoy® (https://apo-opa.co/4bMGKjw), Marriott International’s (www.Marriott.com) award-winning travel programme and Ethiopian Airlines, Africa’s largest airline and a Star Alliance member, today announced a partnership that gives travellers more opportunities to earn and redeem points and miles across both hotel stays and flights.

 

Starting today, eligible members of Marriott Bonvoy and ShebaMiles, Ethiopian Airlines’ loyalty programme, can convert ShebaMiles into Marriott Bonvoy points for hotel stays, upgrades and more, as well as Marriott Bonvoy points to ShebaMiles to book flights. Members can also choose whether to earn Marriott Bonvoy points or ShebaMiles when staying at properties participating in Marriott Bonvoy.

This collaboration marks a key partnership for Marriott Bonvoy with a leading African airline, connecting Ethiopian Airlines’ network of over 145 destinations with Marriott Bonvoy’s global portfolio of more than 30 hotel brands and 10,000 destinations worldwide.

Through our partnership with Ethiopian Airlines, Marriott Bonvoy members will have the freedom to enjoy the benefits of loyalty in ways that are most meaningful to them

“Africa is one of the world’s fastest‑growing regions for travel, and this partnership reflects our continued commitment to deliver the most rewarding travel experiences for our members,” said Andrew Watson, Chief Commercial Officer – Europe, Middle East and Africa, Marriott International. “Through our partnership with Ethiopian Airlines, Marriott Bonvoy members will have the freedom to enjoy the benefits of loyalty in ways that are most meaningful to them – whether earning miles during their stays or using points to get the miles they need for flights.”

Rahel Assefa, Ethiopian Airlines Group Vice President of Marketing, also remarked: “The partnership we have established with Marriott Bonvoy is part of our ongoing efforts to advance our vision of enhancing the ShebaMiles member travel experience while diversifying our service offerings. Through this new partnership, our ShebaMiles members will have greater opportunities to earn and redeem their miles through access to Marriott Bonvoy’s global network of hotels across multiple touchpoints and destinations in Africa and around the world. Ethiopian Airlines remains committed to building strategic partnerships with various stakeholders that enhance our service offerings and enable us to continually exceed our customers’ expectations.”

Ethiopian Airlines offers extensive coverage across Africa and frequent connections to major global cities such as Mumbai, Paris, London, Washington D.C. and Beijing. As a member of Star Alliance, the world’s largest airline network, Ethiopian Airlines gives ShebaMiles members – and Marriott Bonvoy members who convert points to ShebaMiles – access to flight redemptions and cabin upgrades across 25 Star Alliance partner airlines serving more than 1,150 destinations.

ShebaMiles members can convert miles to Marriott Bonvoy points at a 2:1 ratio. Marriott Bonvoy members can convert points to ShebaMiles at a 3:1 ratio and will receive 5,000 bonus ShebaMiles for every 60,000 Marriott Bonvoy points transferred in a single transaction. On eligible stays at participating Marriott Bonvoy properties, members can earn up to two miles per US dollar spent or can earn Marriott Bonvoy points as normal.

To access these benefits, members simply need to be enrolled in both Marriott Bonvoy and ShebaMiles programmes. No account linking is required. For more information, visit the Marriott Bonvoy (https://apo-opa.co/4rQdMFq) and ShebaMiles (https://apo-opa.co/3Ptwa9A) websites.

Distributed by APO Group on behalf of Marriott International, Inc..

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Circle and Sasai Fintech Collaborate to Expand Access to USDC in Africa

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Sasai Fintech

Together, Circle and Sasai Fintech will explore practical applications for USDC and how Circle’s full stack platform can support reducing costs, frictions and settlement time for Sasai’s enterprise and consumer customers

NEW YORK, United States of America, March 24, 2026/APO Group/ –Circle Internet Group, Inc. (NYSE: CRCL), one of the world’s leading internet financial platform companies, today announced a collaboration between one of its affiliates and Sasai Fintech, a business of Cassava Technologies (www.CassavaTechnologies.com/), to accelerate USDC adoption and expand internet-native financial infrastructure across Africa. Issued through Circle’s regulated affiliates, USDC is a fully-reserved, transparent payment stablecoin redeemable 1:1 for U.S. dollars, powering programmable payments and financial applications worldwide.

 

Stablecoin use in Africa is growing rapidly, driven by mobile-first consumers, cross-border commerce, and a rapidly expanding digital economy. Together, Circle and Sasai Fintech will explore practical applications for USDC and how Circle’s full stack platform can support reducing costs, frictions and settlement time for Sasai’s enterprise and consumer customers.

 

Africa’s digital economy is entering a new era, propelled by entrepreneurship, a mobile-first generation, and the acceleration of intra-regional trade

Sasai Fintech operates across key payment corridors, offering a unified suite of digital financial services that enables business payments, facilitates cross-border transfers for individuals and remittance operators, and delivers innovative mobile wallet solutions. Through integration of USDC and Circle’s onchain infrastructure, these platforms can seamlessly connect users to the global financial system.

 

“Africa’s digital economy is entering a new era, propelled by entrepreneurship, a mobile-first generation, and the acceleration of intra-regional trade,” said Strive Masiyiwa, Founder and Executive Chairman at Cassava Technologies. “By integrating with the trusted and widely adopted USDC network, we can drive financial inclusion and open transformative opportunities for businesses and consumers alike.”

 

“Emerging markets are at the forefront of stablecoin adoption, and Africa represents a significant opportunity for internet-native innovation,” said Jeremy Allaire, Co-Founder, Chairman and CEO at Circle. “Working with Cassava, we can extend the benefits of USDC and onchain infrastructure into high-growth payment corridors to deliver always-on global connectivity.”

Distributed by APO Group on behalf of Cassava Technologies.

 

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