Connect with us
Anglostratits

Business

Clickatell Helps Nigerians Access eNaira Services, Boosting Financial Inclusion

Published

on

Clickatell

Nigerians can now access cashless services over the USSD channel

LAGOS, Nigeria, September 19, 2022/APO Group/ — 

Clickatell (https://www.Clickatell.com), a CPaaS innovator and Chat Commerce leader, has partnered with the Central Bank of Nigeria (CBN) (https://www.CBN.gov.ng) to deliver fast, simple, and cost effective eNaira banking services to all Nigerians using the USSD channel, eliminating the need for data and available on all handsets.

Clickatell has collaborated with the CBN to launch a USSD channel for its eNaira Central Bank Digital Currency (CBDC) (www.eNaira.gov.ng) as part of the country’s drive to make basic banking accessible to all Nigerians, ultimately driving financial inclusion.

The eNaira was launched in October 2021 when the Nigerian President, Muhammadu Buhari, said Africa’s first central bank-backed digital currency would help boost remittances, foster cross-border trade, and help his government make welfare payments more easily. With financial inclusion at the heart of the eNaira goals, President Buhari also said that he believed the CBDC would increase GDP in the country by $29 billion over the next 10 years.

“Introducing the USSD short code allows non-banked Nigerians, many of whom do not have smartphones, to access cashless banking services and is a big win for the stated goals of delivering meaningful financial inclusion. Clickatell’s role in making this a reality has been one of the most important achievements of our engagements in Nigeria,” comments Uzo Nwani, Clickatell Commercial Director, West Africa.

CBN is working with partners who are committed to taking advantage of this new technology for continuous innovation towards delivering exciting new features

The new USSD channel allows Nigerians using the *997# short code to create their eNaira wallet. Once this is done, they can easily check balances and transfer funds, as well as safely buy airtime or data for themselves or friends and family. Safeguarding their wallets is also easy on the channel and users can check and update their information, change and reset their pin, or even block the wallet if necessary.

“The USSD channel is a vital part of our journey towards realizing our financial inclusion vision. We see the eNaira as a leap forward in the evolution of money. Thus, CBN is working with partners who are committed to taking advantage of this new technology for continuous innovation towards delivering exciting new features,” comments the CBN Deputy Governor Economic Policy, Dr. Kingsley Obiora.

Unstructured Supplementary Service Data or USSD, is a communications protocol that is supported by 99% of GSM handsets. It remains particularly relevant in developing communities where it is used to provide services at a much lower cost and can be used without requiring access to the user’s SIM card.

Despite the rapid growth of smartphones, the majority of Nigerians (https://bit.ly/2HRLANU) are currently using feature phones, making an excellent case for the USSD offering. The CBN is counting on the new channel making rapid inroads towards getting most of the 30% of unbanked Nigerians into the formal banking system.     

As part of its efforts, the CBN is working hard to boost awareness and education around the new digital currency and has offered an incentive of 200eNGN airtime for the first 100,000 users to onboard using the eNaira USSD feature.

Looking ahead, Nwani says the Clickatell solution ideally positions the system for new and collaborative additions to help boost the eNaira services.

“Our Chat Flow product provides a robust platform to support rapid innovation. Digital currencies provide measurable customer benefits including lower costs and a simple user experience and adding new innovative features over time will definitely attract more customers. There is no doubt that the CBN has set the benchmark when it comes to financial inclusion in Africa, and we look forward to being part of that journey,” Nwani says. 

Distributed by APO Group on behalf of Clickatell.

Business

Power, water and resilience reshape the future of African mining

Published

on

Energy security may dominate conversations around African mining operations, but power is only one part of a bigger infrastructure challenge

CAPE TOWN, South Africa, September 30, 2026/APO Group/ –ESI Africa’s Powering Mines & Industry Volume examines the infrastructure decisions that are now critical to competitive and sustainable mining operations.

Energy security may dominate conversations around African mining operations, but power is only one part of a bigger infrastructure challenge.




Reliable electricity, affordable energy, secure water supply, effective rehabilitation and access to investment are interconnected considerations for mines looking to protect production while responding to sustainability, regulatory and cost pressures.

These issues sit at the centre of ESI Africa’s Powering Mines & Industry Volume, bringing together industry analysis and practical perspectives on the infrastructure realities shaping mining operations.

Published by ESI Africa, part of VUKA Group, the volume explores the technologies, strategies and partnerships influencing energy, water and long-term operational resilience.

Explore Powering Mines & Industry Volume (https://apo-opa.co/4AFlSGx)

 

The mine resilience equation is getting more complex 

For energy-intensive operations, security of supply and affordability directly affect productivity and competitiveness. At the same time, water scarcity, rehabilitation requirements and infrastructure constraints are pushing water management further into strategic planning.

Three ESI Africa webinars explore these challenges from practical operational perspectives.

  1. Powering Zimbabwe’s mines: Closing the energy gap, enabling energy continuity and cost certainty

This webinar will bring together mining and energy stakeholders to discuss practical solutions for powering Zimbabwe’s mining future and explore the investments, partnerships, and policy frameworks needed to close the energy gap. Register for the webinar (https://apo-opa.co/4yd8OG5)

  1. From pit to plant: Scalable mine water rehabilitation and reuse

Explore approaches to managing mine water across the operational lifecycle, with a focus on scalable rehabilitation and reuse. Watch on-demand  (https://apo-opa.co/4dwGDuf)

  1. From water risk to water resilience

Explore how water-intensive organisations can move from identifying supply risk to implementing practical resilience strategies. Watch on-demand  (https://apo-opa.co/4hnPaly)

Zimbabwe puts the power-mining relationship into focus

The relationship between energy capacity and mining development moves from digital discussion to an in-person platform in Harare this November.

The C&I Energy + Storage Summit Zimbabwe takes place on 17 November 2026 at Rainbow Towers, Harare, co-located with Zimbabwe Mining Week.

The one-day summit brings together mining companies, energy users, developers, investors, policymakers and solution providers to explore renewable energy, storage, project development, finance, cost containment and secure power supply.

For Zimbabwe’s mining industry, these are fundamental commercial questions. New production and industrial growth depend on the infrastructure needed to develop mineral resources reliably and competitively.

Explore C&I Energy + Storage Summit Zimbabwe (https://apo-opa.co/3VY48WN)

 

Connecting projects with capital

Solving infrastructure constraints requires viable projects and access to the organisations that can finance and deliver them.

The Project & Investment Network, in partnership with the African Infrastructure Elites annual magazine, connects project owners with investors, financiers and solution providers across Africa’s power, energy and infrastructure sectors, helping create pathways from project opportunity to implementation.

Explore the Project & Investment Network (https://apo-opa.co/46N5I09)

 

Recognising African infrastructure excellence

Across mining, power, water and transport, organisations are already delivering projects that solve operational challenges, introduce new technologies and demonstrate what effective infrastructure delivery can achieve.

The African Infrastructure Elites: Projects and People annual magazine, hosted by ESI Africa, recognises the projects, partnerships and leaders contributing to infrastructure development across the continent.

Nominations are open for industry to put forward the projects and people whose work deserves wider recognition.

Explore the African Infrastructure Elites and submit a nomination (https://apo-opa.co/3TZsqPJ)

The Powering Mines conversation continues

The next Powering Mines & Industry Volume continues examining the infrastructure, operational and investment solutions shaping mining and C&I markets’ energy, water and transport.

Join the Powering Mines & Industry 2026 waiting list (https://apo-opa.co/4d91Yd0)

 

Meet ESI Africa at Mining Indaba 2027

ESI Africa will be at Mining Indaba from 8 to 11 February 2027 at the CTICC in Cape Town, meeting mining, energy and infrastructure leaders from across the continent.

Companies and industry leaders attending the event can book an interview with ESI Africa to discuss projects, developments and the issues shaping Africa’s mining and energy sectors.

To arrange an interview, contact Nicolette Pombo-van Zyl, ESI Africa Editor-in-Chief: nicolette@wearevuka.com

Distributed by APO Group on behalf of VUKA Group.




Continue Reading

Business

United Nations (UN) Critical Minerals Initiatives Target African Value Addition as African Mining Week (AMW) 2026 Approaches

Published

on

Etu Energias

New UN programs are expanding policy, technical and institutional support for African countries seeking to capture greater value from critical mineral production

CAPE TOWN, South Africa, September 30, 2026/APO Group/ –Five African mineral producers – Guinea, Madagascar, Nigeria, Zambia and Zimbabwe – have been selected to participate in the United Nation’s (UN) Country Support Mechanism on Critical Energy Transition Minerals program, strengthening international support for efforts to develop domestic mineral value chains.

 




  

https://apo-opa.co/4AH5p4s

Announced in September 2026, the initiative comes as critical mineral investment and value addition take center stage at African Mining Week (AMW) 2026, taking place October 14–16 in Cape Town. Under the theme Mining the Future: Unearthing Africa’s Full Mineral Value, AMW 2026 will connect African governments and project developers with investors and technical partners seeking opportunities across mineral production, processing and supporting infrastructure.

The UN mechanism will provide tailored support for countries as they seek to translate mineral resources into broader economic development, prioritizing areas such as policy advice, legal and regulatory expertise, environmental and social safeguards, and greater coordination across domestic mineral value chains.

The program comes as participating countries increasingly pursue domestic processing and industrialization strategies. Zambia is seeking to capture greater value from its copper industry, while Zimbabwe is expanding lithium processing. Madagascar is advancing efforts to expand value addition around rare earths and graphite, while Guinea and Nigeria are seeking to develop broader mineral value chains.

https://apo-opa.co/4hm1dj7

The program adds to a growing portfolio of African mining projects receiving UN and international financial, technical and institutional support, reflecting the continent’s increasing role in shaping global supply chains.

In June 2026, the UN Economic Commission for Africa launched a five-year regional program aimed at strengthening environmentally and socially responsible critical mineral value chains across the Southern African Development Community (SADC).

The initiative is being implemented in the DRC, Mozambique, Namibia, South Africa, Zambia and Zimbabwe and focuses on increasing local value retention while supporting industrialization and responsible mineral development.

Led by the UN Economic Commission for Africa through the African Minerals Development Centre and supported by Germany’s International Climate Initiative, the program brings together technical and development partners to address constraints including limited beneficiation capacity, ESG compliance and weak regional value-chain integration.

The UN Development Program (UNDP) is also developing a continental flagship initiative on Africa’s critical minerals under its 2026-2029 Regional Program for Africa. The initiative focuses on how mineral-producing countries can use their resource base to support economic transformation while making investment and value-addition strategies appropriate to their individual infrastructure, financing and industrial capabilities.

https://apo-opa.co/4rFbElr

https://apo-opa.co/3VD8VwL

Technology-led mining development is also receiving support. Through the UNDP MineTech Accelerator, five African mining innovators – Anchor Machines in Uganda, Zanfi Enterprise in Zambia, Milsat Technologies in Nigeria, Tukutech in Tanzania and SYNCHROS in the Democratic Republic of Congo – are receiving seed funding to accelerate technology-driven mining solutions.

https://apo-opa.co/4AHolAd

Together, these initiatives reflect a broader shift toward developing domestic value chains across Africa’s mining sector. For African producers, expanding international partnerships unlock capital, technical expertise and local processing capacity. For global investors, Africa’s rich resource base offers access to essential critical minerals while helping diversify supply chains for energy technologies and manufacturing.

These developments will form part of the wider critical mineral discussion taking place at AMW 2026. For more information, visit www.African-MiningWeek.com

Distributed by APO Group on behalf of Energy Capital & Power.

 




 

Continue Reading

Business

Benin mobilises €500 million in international financing with African Development Fund support

Published

on

African Development Bank

The 12-year financing benefits from an innovative credit enhancement mechanism, including a partial credit guarantee issued by the African Development Fund and second-loss insurance provided by the insurance subsidiary of the Islamic Development Bank Group

ABIDJAN, Côte d’Ivoire, September 29, 2026/APO Group/ –The Republic of Benin has secured €500 million (approximately CFAF 328 billion) in international bank financing, supported by the African Development Fund, for priority investments in education, health, water access, infrastructure, renewable energy, agriculture, and job creation for young people and women.

 




  

This transaction is fully aligned with the Bank’s new strategic vision for supporting our clients, particularly Cardinal Point 1

This landmark transaction, completed on 18 September 2026, follows the 17th replenishment of the African Development Fund (ADF-17), agreed in December 2025 as the largest in the Fund’s history. It builds on the first financing concluded in 2023 with support from the Fund, the concessional window of the African Development Bank Group. The transaction demonstrates the pan-African institution’s capacity to support countries across the continent in developing innovative, highly leveraged financing solutions that deliver tangible benefits for communities.

The 12-year financing benefits from an innovative credit enhancement mechanism, including a partial credit guarantee issued by the African Development Fund and second-loss insurance provided by the insurance subsidiary of the Islamic Development Bank Group.

“This transaction is fully aligned with the Bank’s new strategic vision for supporting our clients, particularly Cardinal Point 1, which seeks to mobilise capital-market resources at scale, as well as with the New African Financial Architecture for the continent’s development,” said Robert Masumbuko, Country Manager for the African Development Bank Group in Benin.

“This second operation (https://apo-opa.co/4yqZZJw) demonstrates the potential of guarantees to mobilise private capital more effectively. By combining the African Development Fund guarantee with complementary risk-sharing mechanisms, it enables Benin to secure substantial long-term financing on competitive terms,” said Ahmed Attout, Director of the Financial Sector Development Department at the African Development Bank Group.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

 




 

Continue Reading

Trending