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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.

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Nigeria and Senegal Must Follow Ghana and Mozambique Against Exclusionary Practices

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African Energy Chamber

African private sector leaders call for withdrawal from Frontier Energy events that marginalize local talent, championing inclusion, fair contracting and the Alliance model of partnership

JOHANNESBURG, South Africa, April 10, 2026/APO Group/ –The African private sector is raising the alarm over Frontier Energy Network’s policies that systematically exclude African professionals and service providers from meaningful roles in major energy forums. Such exclusionary practices threaten decades of progress in African energy development, including local capacity building, knowledge transfer and economic participation.

Frontier’s approach, framed as a global platform for Africa, is in practice a system that extracts value from the continent while denying Africans the opportunities to lead, participate and benefit. Marginalizing the very people who build, operate and sustain energy projects is not partnership – it is structural exclusion masquerading as opportunity.

African businesses – particularly in Nigeria and Senegal, which drive regional growth – must reassess their participation in platforms that perpetuate these policies. African capital, sponsorship and attendance cannot continue to legitimize forums where local stakeholders are systematically sidelined. Market access must be earned and mutually respected.

Mozambique and Ghana have already set a precedent. In March 2026, Mozambique’s oil and gas industry withdrew from the Africa Energies Summit in London, citing repeated failures by the organizers to improve diversity, transparency and inclusion of Black professionals in leadership, contracting and deal-making roles. In early April 2026, the Ghana Energy Chamber followed suit, formally pulling out of the same summit over discriminatory hiring practices that sidelined African professionals, executives and service providers. These coordinated actions send a clear message: Africa will no longer support platforms that deny its talent the right to lead, contribute and benefit.

Africa will no longer sit quietly while its talent is excluded from opportunities on its own continent

The gold standard for companies to thrive in Africa is robust collaboration with international partners while building local capacity – exemplified by Senegal-based energy services company Alliance Energy. Alliance has advanced African expertise in the sector, notably supporting the launch of the National Institute for Petroleum and Gas in Senegal to train young professionals for leadership roles, while backing diverse energy initiatives across power, solar, gas and wind that strengthen Senegal’s position as a regional energy hub.

This success demonstrates that African companies flourish when local talent, leadership, contracting and workforce development are central to execution, alongside strategic partnerships with the US, UK and Europe. Any entity attempting to operate in Africa without a commitment to hiring or contracting local professionals threatens not only the ecosystem that nurtured companies like Alliance Energy but also the continent’s broader ambition to grow regional capability, ownership and sustainable energy development.

“The message is simple,” says Dr. Ndjuga Dieng, Managing Director of Alliance Energy. “Africa will no longer sit quietly while its talent is excluded from opportunities on its own continent. Nigeria, Senegal and all African nations must follow the lead of Ghana and Mozambique by standing against platforms that discriminate. Protect your people, your companies and your energy future. Inclusion is not optional – it is the foundation of growth.”

African energy markets have historically thrived on collaboration, both within the continent and with international partners. Events such as the Offshore Technology Conference (OTC) and the Invest in African Energy (IAE) Forum exemplify this model, integrating African executives, policymakers and service providers into core programming, deal-making and knowledge transfer.

African stakeholders must prioritize platforms that respect local content, equitable hiring and fair contracting. Strategic withdrawal from exclusionary events is not isolationism – it is a stand for principle, economic logic, and the future of Africa’s energy sector. The continent defines its own trajectory and will engage only with partners that recognize African talent as integral, not optional, to the industry’s future.

The position advanced by Alliance Energy aligns with broader advocacy across the continent, including that of the African Energy Chamber, which has consistently called for stronger local content policies, fair contracting practices and greater inclusion of African professionals across the energy value chain. This alignment underscores a growing consensus among African private sector leaders that sustainable industry growth depends on meaningful participation by local companies and talent, not their exclusion.

Distributed by APO Group on behalf of African Energy Chamber.

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Sheraton Nouakchott marks the entry of Marriott International in Mauritania

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Nouakchott

As Mauritania’s cultural and economic heart, Nouakchott offers visitors a glimpse into the serene beauty and rich heritage that define this remarkable Northwest African nation

We are proud to have brought Marriott International to Mauritania with the opening of Sheraton Nouakchott, the first internationally operated and branded hotel in the country

NOUAKCHOTT, Mauritania, April 10, 2026/APO Group/ –Sheraton Hotels & Resorts, part of Marriott Bonvoy’s (www.Marriott.com) portfolio of more than 30 hotel brands, recently celebrated the opening of Sheraton Nouakchott Hotel (https://apo-opa.co/4t3YGO4), marking the entry of Marriott International into a new territory, Mauritania. Since opening its doors, Sheraton Nouakchott has, positioned itself as a new hub for business, events and leisure in the Mauritanian capital.

 

Nouakchott, the capital of Mauritania, is a coastal city where tradition and modernity meet. Nestled between the vast Sahara and the Atlantic Ocean, it serves as a gateway to the country’s breathtaking natural landscapes, from golden dunes and tranquil oases to rugged coastlines and untouched desert plains. As Mauritania’s cultural and economic heart, Nouakchott offers visitors a glimpse into the serene beauty and rich heritage that define this remarkable Northwest African nation.

Ideally located near iconic landmarks such as the Marché Capitale and the National Museum of Mauritania, as well as Nouakchott’s beaches and fishing port — and just a short distance from the desert — Sheraton Nouakchott offers an ideal base from which to discover the destination.

“We are proud to have brought Marriott International to Mauritania with the opening of Sheraton Nouakchott, the first internationally operated and branded hotel in the country. Since welcoming our first guests, the hotel has quickly established itself as a destination for both travellers and the local community. This milestone underscores our commitment to delivering exceptional hospitality experiences in emerging markets, while celebrating the culture and character of each destination,” said Sandra Schulze‑Potgieter, Vice President, Premium, Select & Midscale Brands, Europe, Middle East & Africa, Marriott International.

Local design inspiration

Traditional crafts, from wood carving to metalwork, are woven throughout the hotel’s materials and furnishings, creating spaces that feel both rooted and refined. Every detail tells a story of local artistry, heritage and place, offering guests an immersive experience inspired by Mauritania’s cultural and natural beauty.

Inspired by the legendary landmarks along the Trans‑Saharan trade route, the hotel’s design blends regional heritage with contemporary elegance. The circular ceiling of Feast restaurant draws inspiration from the Richat Structure, also known as the Eye of Africa. Earthy tones and organic materials reference the dramatic landscapes of the Adrar Mountains, while patterns inspired by Chinguetti and Oualata are reinterpreted throughout guest rooms, public spaces and Bene restaurant.

Meeting spaces echo the stone architecture of Tichitt, one of West Africa’s oldest towns and a historic caravan hub.

Guest rooms and suites with local charm

Sheraton Nouakchott features 200 spacious guest rooms and suites, including two Presidential Suites, combining contemporary comfort with subtle local touches. All rooms are equipped with the latest technology and Sheraton signature amenities, including the iconic Sheraton Sleep Experience.

The Sheraton Club offers Marriott Bonvoy Elite members and Club guests an elevated, all‑day experience, with curated food and beverage offerings, premium amenities, enhanced connectivity and a private environment designed for both productivity and relaxation.

Local flavours meet international influence

The hotel features two restaurants, a Lobby Bar and a Pool Bar. Feast, the all‑day dining restaurant, serves locally inspired and international dishes made with seasonal ingredients. Bene offers an immersive Italian dining experience in a warm, inviting setting. The Lobby Bar provides a relaxed meeting point from morning coffee to evening gatherings, while the Pool Bar offers refreshing drinks and light bites by the outdoor pool.

 

Facilities offering a resort feel in the heart of the city

Despite its central urban location, Sheraton Nouakchott delivers a resort‑like atmosphere, centred around an expansive outdoor pool. Guests can maintain their fitness routines in the fully equipped fitness centre — featuring separate floors for women and men, hammam and sauna — or enjoy the outdoor tennis court. The Sheraton Spa features three treatment rooms, offering a peaceful retreat after a day of exploration or meetings.

Meetings & events curated to perfection

Sheraton Nouakchott offers more than 2,600 square metres of flexible Meetings & Events space, including a Grand Ballroom, a Ballroom and four additional meeting rooms. A signature Sheraton Community Table sits at the heart of the hotel, providing a welcoming space for informal meetings, remote work and collaboration. A dedicated events team ensures seamless delivery from concept to execution.

Gatherings by Sheraton

In line with Sheraton’s global community‑centred approach, Sheraton Nouakchott hosts Gatherings by Sheraton, curated weekly experiences designed around enrichment, renewal and local stories. Guests and locals can take part in Mauritanian mixology sessions using local mint tea and fruits, or storytelling evenings inspired by Saharan traditions.

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

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African Energy Chamber (AEC) Supports Perenco Partnership to Advance Industry 4.0 Skills in Central Africa

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African Energy Chamber

The African Energy Chamber welcomes Perenco Cameroon and Perenco Gabon’s partnership with UCAC-ICAM to launch an Industry 4.0 lab, advancing local skills development and strengthening Africa’s industrial future

JOHANNESBURG, South Africa, April 9, 2026/APO Group/ –A new partnership between Perenco Cameroon, Perenco Gabon and the UCAC-ICAM Institute in Douala to establish an Industry 4.0 laboratory marks a significant step toward aligning academic training with the evolving needs of the energy and industrial sectors. The facility will give students access to advanced automation, digital simulation and smart production technologies, helping close the gap between academic learning and the practical, industry-ready skills required across Central Africa’s industrial landscape.

 

As the voice of Africa’s energy sector, the African Energy Chamber (AEC) welcomes the initiative as a scalable model for local content development. By equipping students with Industry 4.0 capabilities, the laboratory directly supports the Chamber’s mandate to ensure greater in-country value creation and workforce participation across Africa’s energy value chain. The initiative also addresses critical skills shortages, enabling operators to increasingly rely on locally trained talent.

 

Developing local skills is fundamental to building a competitive and sustainable energy sector in Africa

The partnership underscores Perenco’s long-term commitment to sustainable development and capacity building in Cameroon and Gabon. Designed as a mini-factory, the UCAC-ICAM laboratory enables students to engage with real-world industrial tools and processes. This hands-on approach will support the development of engineers and technicians capable of contributing to key projects, including operations in the Rio del Rey Basin and infrastructure developments such as the Cap Lopez LNG terminal in Gabon.

 

Students across multiple disciplines will benefit from hands-on exposure to the lab’s advanced technologies. General Engineering students will train using robotic systems and virtual reality simulations, while Computer Science Engineering students will focus on industrial IoT and smart technologies. Process Engineering students will gain experience in automated production systems, and Petroleum program students will develop expertise in energy systems and instrumentation control. Graduates from UCAC-ICAM are being actively recruited by leading companies operating in Douala, reflecting growing demand for locally trained, industry-ready talent.

“Developing local skills is fundamental to building a competitive and sustainable energy sector in Africa,” says NJ Ayuk, Executive Chairman of the AEC. “This partnership demonstrates how industry and academia can work together to create a highly skilled workforce that will drive Africa’s industrialization and energy future. It is exactly the type of initiative needed to ensure Africans play a leading role in developing the continent’s resources.”

The UCAC-ICAM laboratory represents a strategic investment in Africa’s industrial and energy future. By strengthening local capacity, advancing technology adoption and supporting independent operators, the initiative aligns with the AEC’s broader vision of a self-sufficient and globally competitive African energy sector.

Distributed by APO Group on behalf of African Energy Chamber.

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