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GITEX Africa 2023 – FinBraine’s Top Products Revolutionize the Future of Credit Lending, ID Verification, and Microfinancing

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FinBraine

FinBraine builds next-gen tech solutions by harnessing the power of decision models and advanced predictive algorithms

SINGAPORE, Singapore, May 16, 2023/APO Group/ — 

FinBraine is excited to announce its participation at GITEX Africa 2023 (www.GITEXAfrica.com), a prestigious event showcasing the latest technological advancements and innovations across the African continent. The event, known for its vibrant atmosphere and influential attendees, presents a prime opportunity for to establish valuable connections, forge partnerships, and contribute to the digital transformation journey of Africa.

Africa’s microfinance sector has witnessed slow economic growth over the last few years. Lack of micro-credit institutions, poor distribution networks, and a highly unbanked population are reasons why the general public fails to get access to premium financial services.

Microfinance institutions in the sub-Saharan region are currently in their developmental stages and dealing with the same challenges traditional banks are facing. The need to constantly improve productivity, and performance, and address technological challenges are issues which are inherent to this segment.

FinBraine is an AI and Machine Learning (ML)-based Fintech solution provider that is playing a major role in developing world-class leading technologies for credit scoring and lending requirements. The company takes a client-centric approach to creating business value for organizations coming from diverse industries. FinBraine builds next-gen tech solutions by harnessing the power of decision models and advanced predictive algorithms. Finbraine is best known for its two signature products – CredBraine and IDBraine.

IDBraine is a revolutionary digital KYC solution that makes customer onboarding and identity verification secure, seamless, and hassle-free

CredBraine caters to end to end lending lifecycle management platform and IDBraine caters to custom onboarding journey’s, eKYC and Video KYC. CredBraine is a next-gen lending digital platform that onboards potential borrowers, evaluates the creditworthiness of borrowers and assesses their potential risk when disbursing loans or offering credit and managing the loan lifecycle. The advanced AI/ML capabilities of CredBraine’s decisioning engine improve credit quality and acceptance rates for financial institutions and the platform processes over 2 million loan applications per day. CredBraine can review 25 million accounts yearly and logs 100 million transactions per month which are a testament to its powerful features. In terms of what it offers, CredBraine can track and follow up with debtors for debt recovery, provide automated loan servicing to businesses, and creates scorecards for every industry by using domain specific customer profiles created by our subject matter experts from more than 5000 datapoints that span Telco datapoints, Financial datapoints, Social/Demographic datapoints, Wallet datapoints, Location datapoints, KYC datapoints, Ecommerce Transaction datapoints etc. Automated customer onboarding, credit scoring and decisioning, loan origination and loan servicing are some of its many features.

IDBraine is a revolutionary digital KYC solution that makes customer onboarding and identity verification secure, seamless, and hassle-free. It helps organizations stay compliant with the latest regulatory environments, increases the accuracy of data processing, and improves overall customer experience during the onboarding process. IDBraine has two modes of verification – Biometric KYC and in-app KYC. IDBraine enabled KYC captures data from IDs and performs biometric scans such as ML-based face recognition tests and liveness detection to verify the identity of users in real life and match it with ID documents, thus helping prevent cases of impersonation fraud. Automated OCR-based data extraction from documents is automatically done for instant validation and verification as well. Fingerprint scanning and authentication is integrated as a feature in the product.

Having a centralized repository of KYC records of individuals who apply for loans and borrow credit can make credit management easier for telecom operators, NBFCs, BFSIs, and other industries. Centralized KYC Registry (CKYC) solution by FinBraine offers extensive reporting tools and collects customer records which are made accessible to government bodies, banks, insurance companies, brokers, and various financial institutions. The information housed by the CKYC registry can be viewed at any time and makes it easy to verify users before their applications are processed for granting new loans. It also saves time from repeated KYC processes and eliminates the paperwork involved with manual document submissions since companies can verify and access these records online. Some of the main highlights of CKYC are – comprehensive integration solutions for managing entire KYC requirements, automated data extraction from client-provided documents, propriety data conversion into CERSAI’s bulk upload format, no data duplication, and improved control of management information. CKYC records feature high inter-usability in the finance sector, and it provides automatic updates to customers about their existing verification status. It also features integrations to SMSC for OTP verification, prevents data theft and fraud from the initial stages of practices, and provides ease of customization. The platform offers multi-lingual support as well which makes it convenient to market across different countries.  The biggest benefit of the CKYCR system is that it can be implemented on a national level and the government can enjoy complete transparency when monitoring individual ID cards, linked cards, and SIM cards, on a real-time basis. It also provides individual KYC scores for every citizen.

Use Cases

Telecom companies are facing challenges related to regulatory restrictions, production costs, high handset prices, and operational barriers when it comes to providing handset lending services to customers. FinBraine’s credit decisioning engine is streamlining the handset lending journey for store agents and customers by providing flawless credit risk evaluations and ID verification services. The farming ecosystem suffers from poor financing and FinBraine’s next-gen digital lending solutions are improving the state of organic farming markets by promoting sustainability for the future by offering digital loans and seamless lines of credit. Farmers participate by selling their produce at discounted rates on the Financial Assistance marketplace and purchasing products online. They are rewarded with automatic credit limit upgrades and receive additional benefits which are credited to their digital wallets.

Customers can talk to experts and contact the FinBraine team by submitting a form on their website or send an email to sales@finbraine.com for any product enquiries.

Distributed by APO Group on behalf of GITEX Africa.

Energy

U.S.-Africa Energy & Minerals Forum Expands to Critical Minerals and Supply Chain Security

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Africa

This year’s U.S.-Africa Energy & Minerals Forum in Houston signals a strategic shift toward integrated energy and critical minerals investment, strengthening U.S. partnerships across Africa’s resource and industrial value chains

HOUSTON, United States of America, February 26, 2026/APO Group/ –The U.S.-Africa Energy & Minerals Forum (USAEMF) has relaunched with a dedicated focus on critical minerals, marking an important evolution in its role as a platform for U.S.-Africa commercial engagement. Building on its foundation in energy, power and industrial projects, the forum’s expanded scope positions it at the center of investment conversations shaping the future energy economy.

 

Scheduled for July 21–22, 2026, in Houston, Texas, USAEMF comes at a time of surging global demand for copper, cobalt, lithium, manganese and rare earth elements, driven by electrification, battery storage, AI infrastructure and advanced manufacturing. Africa is increasingly critical to securing these materials, highlighting how energy and minerals are now interconnected pillars of industrial growth, geopolitical stability and decarbonization.

The forum’s minerals mandate deepens engagement with African producers – particularly the Democratic Republic of Congo (DRC), home to some of the world’s largest copper and cobalt reserves. Momentum is building through the U.S.–DRC strategic minerals framework and the U.S.-backed Orion Critical Mineral Consortium, a major investment platform supported by the DFC and private partners. The consortium is pursuing a 40% stake in the Mutanda and Kamoto copper-cobalt operations in a $9 billion transaction, securing long-term supply for allied markets while reinforcing cooperation on infrastructure, security and supply-chain governance.

Placing critical minerals at the center while maintaining strong hydrocarbons engagement strengthens U.S.-Africa commercial ties

U.S. financing is also expanding across the region, with the DFC managing a continental portfolio exceeding $13 billion to support mining, processing and transport infrastructure for critical mineral supply chains. Recent commitments include rare earth, graphite and potash projects in Malawi, Mozambique and Gabon; broader investments in Uganda, Tanzania, Zambia and South Africa; and $553 million linked to the development of the Lobito Corridor. The DFC is also a major backer of TechMet, a U.S.-supported investment firm valued at over $1 billion, which is raising up to $200 million to expand copper, cobalt, lithium and rare earth assets and pursue new opportunities across the DRC and Zambia. Together, these initiatives underscore Washington’s push to diversify battery-mineral supply while positioning Africa as a long-term partner in clean energy and industrial value chains.

Houston’s role as host city reflects the alignment between American industrial capacity and African resource development. Long established as a global energy hub, the city is expanding into energy transition technologies, advanced materials, carbon management and industrial innovation. By convening African governments with U.S. private equity, development finance institutions, exporters, insurers and technical service providers, the forum creates a commercial platform capable of converting mineral potential into bankable projects.

“The evolution from USAEF to USAEMF reflects a broader shift toward integrated energy and mineral development,” states Nadine Levin, Portfolio Director at Energy Capital & Power, forum organizers. “Placing critical minerals at the center while maintaining strong hydrocarbons engagement strengthens U.S.-Africa commercial ties and advances projects that deliver long-term shared value.”

While critical minerals define the forum’s strategic expansion, the U.S.’ longstanding role in Africa’s energy sector remains central to the platform’s value proposition. American energy companies continue to advance exploration and development across key upstream markets, support gas monetization in the Gulf of Guinea and revitalize mature production in North Africa. U.S. export credit and development finance are also helping unlock large-scale LNG capacity in Mozambique while supporting optimization and expansion across existing gas infrastructure in West Africa – demonstrating how American capital, engineering expertise and risk-mitigation tools convert resource potential into delivered energy systems.

USAEMF is the leading platform connecting U.S. capital and technical expertise with Africa’s energy and minerals sectors. For more information or to participate at the upcoming forum, please contact sales@energycapitalpower.com

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

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Business

Pesalink and Pan-African Payment and Settlement System (PAPSS) Unlock Cross-Border Payments in Local Currencies in Kenya

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Pesalink

The Pesalink–PAPSS partnership will reduce costs, speed up settlements, and help individuals, SMEs and businesses send money more efficiently across borders

NAIROBI, Kenya, February 26, 2026/APO Group/ —

  • Instant 24/7 bank-to-bank transfers across African borders in local currencies.
  • Simpler cross-border payments for individuals, businesses, and SMEs.
  • 80 plus Pesalink network participants now linked to 160 plus PAPSS participating banks.

 

Pesalink, Kenya’s de facto instant payment network, has partnered with the Pan-African Payment and Settlement System (PAPSS) to ease cross-border payment and speed up regional financial integration.

 

The partnership enables instant 24/7 cross-border payments from PAPSS participants into banks and mobile money operators within the Pesalink network in Kenya, all settled in local currencies. This reduces complex correspondent banking requirements and reliance on foreign reserve currencies.

 

Kenyan banks will now be able to offer faster, cheaper cross-border payments

PAPSS, an initiative of the African Export-Import Bank (Afreximbank) in collaboration with the African Union and the AfCFTA Secretariat, enables cross-border payments between African countries. Pesalink is now a Technical Connectivity Provider. It means that 80 plus Kenyan bank, fintech, SACCO and telco participants on the Pesalink network will be connected to 160 plus commercial banks and fintechs on the PAPSS platform.

 

Cross-border payments remain expensive and slow for many African businesses. The 2023 (http://apo-opa.co/4baDSh7) World Bank Remittance Prices report indicates that sending money across African borders incurs on average 7-8% of the total value sent (above the global average of 6–7%). Settlement can also take three to seven business days.

 

The Pesalink–PAPSS partnership will reduce costs, speed up settlements, and help individuals, SMEs and businesses send money more efficiently across borders.

 

Speaking during the partnership signing held at Pesalink offices in Nairobi, PAPSS CEO Mike Ogbalu III said, “For PAPSS to deliver true impact, collaboration with national and private switches like Pesalink is essential. Pesalink is the first switch we’ve piloted for transaction termination in Kenya, and we are already seeing greater adoption by opening more channels for seamless, local-currency cross-border payments across Africa.”

 

Pesalink CEO, Gituku Kirika, said “Kenyan banks will now be able to offer faster, cheaper cross-border payments. They will be helping their customers grow more regional trading relationships and thrive in a more integrated digital economy.”

Distributed by APO Group on behalf of Afreximbank.

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Events

Africa Trade Conference Returns to Cape Town with Esteemed Speakers Driving Africa’s Trade Agenda

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Africa

Second edition convenes global policymakers, business leaders, and innovators to accelerate Africa’s integration into global trade

CAPE TOWN, South Africa, February 26, 2026/APO Group/ –Access Bank Plc (www.AccessBankPLC.com) is proud to announce the distinguished line-up of speakers for the second edition of the Africa Trade Conference (ATC 2026), scheduled to take place on March 11, 2026, at the Cape Town International Convention Centre, Cape Town, South Africa. Building on the strong foundation of its inaugural edition, ATC 2026 will convene an exceptional assembly of global and African leaders, policymakers, investors, and business executives committed to shaping the future of trade on the continent.

The Africa Trade Conference has rapidly emerged as a premier platform for advancing dialogue and action around Africa’s evolving role in global commerce. The 2026 edition will feature influential voices from across finance, government, development institutions, and the private sector, who will share insights on unlocking trade opportunities, strengthening intra-African commerce, enabling business expansion, and positioning African enterprises for global competitiveness.

The confirmed speakers represent a powerful cross-section of leaders driving Africa’s economic transformation.

Building on the momentum of its maiden edition, which convened senior decision-makers from 28 countries, the 2026 conference with the theme “Turning Vision into Velocity: Building Africa’s Trade Ecosystem for Real-World Impact”, will have the keynote address delivered by Kennedy Mbekeani, Director General, Southern Africa Region, African Development Bank (AfDB), alongside Kwabena Ayirebi, Managing Director, Banking Operations at the African Export-Import Bank. Their joint keynote will address the evolving financing landscape for African trade and the strategic pathways for unlocking continental prosperity.

The welcome address will be delivered by Roosevelt Ogbonna, CEO/GMD, Access Bank Plc, who will set the tone for discussions centered on trade transformation, financial inclusion, and regional competitiveness, while Tolu Oyekan, Managing Director & Partner at Boston Consulting Group, will deliver insights on “Africa Trade Outlook 2026”, examining emerging macroeconomic trends, supply chain shifts, and growth opportunities across key sectors.  The CEO of Pan-African Payment and Settlement System, Mike Ogbalu, will be engaging the conference participants on the topic, “Building a Connected Africa Through Trade, Payments & Technology”, focusing on how payment interoperability and digital infrastructure can accelerate the African Continental Free Trade Area (AfCFTA) agenda.

The calibre of speakers confirmed for this year’s conference underscores the urgency and opportunity before us

The conference will also host a High-Level Ministerial Panel that features Elizabeth Ofosu-Adjare, the Minister for Trade, Agribusiness & Industry, Ghana; Tiroeaone Ntsima, Minister of Trade and Entrepreneurship, Botswana; Mr. Florian Witt, Divisional Head, International & Corporate Banking Oddo-BHF, Ms. Nathalie Louat – Global Director, International Finance Corporation (IFC), Dr Isaiah Rathumba – Head of Department, Limpopo Economic Development, Environment and Tourism and Mr. Alfred Idialu – Chief Rep Officer, Deutsche Bank among other policymakers shaping trade policy across the continent.

Commenting on the announcement, Roosevelt Ogbonna, Managing Director/Chief Executive Officer of Access Bank Plc, said:
“The Africa Trade Conference reflects our unwavering commitment to advancing Africa’s economic transformation by creating a platform that brings together the leaders, institutions, and ideas shaping the future of trade. The calibre of speakers confirmed for this year’s conference underscores the urgency and opportunity before us. Africa is not only participating in global trade, it is helping to redefine it. Through this convening, we aim to catalyse partnerships, unlock new opportunities for businesses, and accelerate Africa’s integration into global value chains.”

“At Access Bank, we see ourselves not just as financiers, but as connectors of markets, ideas, and opportunities. Our role is to help African businesses move from ambition to impact, from local relevance to global competitiveness.”

With operations in 24 countries globally, including 16 across Africa, Access Bank’s expansive footprint places it in a unique position to facilitate cross-border trade, unlock regional value chains, and simplify the complexities of doing business across markets.

“Our presence across Africa and key global corridors gives us a front-row seat to the realities of trade. It also gives us the responsibility to design solutions that are inclusive, scalable, and future facing. ATC 2026 is part of that commitment, Ogbonna added.

ATC 2026 is expected to catalyze partnerships, enable policy dialogue, and provide actionable strategies for businesses operating within and beyond the continent.

The Access Bank Chief puts it thus, “Africa will not be a spectator in the remaking of global trade. We will be one of its architects. ATC 2026 is where those blueprints will be drawn.”

For more information and registration, please visit https://apo-opa.co/4sdXWF7

Distributed by APO Group on behalf of Access Bank PLC.

 

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