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Global Retail Brand LC (Les Copains) Waikiki Joins the Tingg by Cellulant Digital Payment Ecosystem in Zambia

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Les Copains

LC Waikiki customers will now be able to make payments seamlessly via mobile money in all their branches in Zambia

LUSAKA, Zambia, August 22, 2022/APO Group/ — 

Cellulant (www.Cellulant.io) Zambia has signed a partnership agreement with leading fashion retailer LC Waikiki, which will enable customers to make payments from all LC Waikiki stores across Zambia through the Tingg digital payment platform.

As the ways consumers can pay for goods continue to evolve, LC Waikiki customers will now be able to make payments seamlessly via mobile money in all their branches in Zambia. This partnership reflects the growing synergies between retailers and payment solution providers across Africa, in serving a growing consumer base that is now preferring digital payment methods. Although there was a growing acceptance of digital payment methods before COVID-19, the pandemic served to accelerate this adoption.

Millions of people on the African continent have adopted digital payment platforms largely owing to COVID-19. The requirement for contactless methods of making transactions transformed what was previously a nice-to-have into a necessity. For instance, the Nigerian Inter-Bank Settlement System reported that in Q1 2021, electronic payments increased by 88% year over year in Nigeria, the continent’s largest economy. The total amount of payments was $155 billion USD. Mobile payments increased by 189% while POS collections increased by 48%, showing that consumers are increasingly adopting digital channels for transactions.

“As a result of the government’s efforts to eliminate cash handling by promoting contactless payments as a safer and more effective option post-COVID-19, we are seeing an increase in digital payments in Zambia. Additionally, more consumers are expressing a desire to use cash much less. The Zambian government, through regulators, continues to reaffirm this, as mobile money wallets are now more than ever a common way to store money,” says Cellulant Zambia Country Manager, Mr Gilbert Lungu.

Tingg by Cellulant is an easy to use, versatile and exciting service which has guaranteed advanced security and is password-protected

Global Retail Brand LC Waikiki Joins the Tingg by Cellulant Digital Payment Ecosystem in Zambia

“Tingg by Cellulant (www.tingg.africa) is an easy to use, versatile and exciting service which has guaranteed advanced security and is password-protected,” he added.

This is at the core of Cellulant’s efforts to enable frictionless payments for companies and their customers across Africa. The payments company integrates digital payments in 35 countries for more than 1000 retailers to unlock opportunities for millions of customers.

LC Waikiki Country Manager Mrs Sevda Bilen stated that using mobile money to pay for clothes and other accessories is going to be a huge advantage for the company in Zambia: “LC Waikiki Zambia customers now have a wider choice of payment methods. True to our mission that offers fashion at affordable prices in line with the belief that “everyone deserves to dress well”, every one of our clientele can now seamlessly pay at any of our stores through Tingg. Consistently providing convenience for our clientele is something we strive to achieve daily.”

She further said “As our business grows in Zambia, we are constantly looking for opportunities to add value to our customer’s experience of the LC Waikiki brand. The strategic partnership with Tingg by Cellulant represents our commitment to the Zambian market and we will continue to explore additional opportunities with the company.”

A mobile money platform is non-cash which allows customers to make payments and other transactions quickly and easily. It has been widely adopted by corporate, government and individual customers to purchase airtime, Person-2-Person cash transfers and utility bill Payments.

LC Waikiki has more than 1200 stores in 56 countries with almost 60,000 employees and a brand range that includes clothes and accessories for men, women and children of all ages, including babies, style-aware individuals and families. The brand accompanies itself with a distinctive methodology – high-quality clothes at great value. From close-fitting, stylish knitwear for men, to fashionable shoes and slippers for young girls, LC Waikiki has exactly what you need, when you need it.

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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