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Grey expands global business banking with new USD-based payment capabilities

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Grey

New capabilities enable businesses to send and receive payments across 170+ countries faster and more affordably

LAGOS, Nigeria, February 23, 2026/APO Group/ –Grey (https://Grey.co), a provider of cross-border payments solutions, has expanded its business banking offering to include USD business accounts, bulk payments, and USDC stablecoin support on a single platform.

The expanded offering is designed to help businesses receive international payments, manage large-scale cross-border transactions, and reduce the cost and complexity typically associated with international banking. Through Grey, businesses can now open a USD corporate account, manage payments from international clients, and make payouts to over 170 countries, including bulk payments, in minutes.

Cross-border payments remain a significant challenge for businesses in emerging markets. According to the World Bank, international money transfers typically incur an average fee of 6–7% of the amount sent, with settlement often taking several days. In addition, many businesses face limited access to foreign currency accounts, unpredictable intermediary fees, and poor exchange rate visibility, all of which restrict cash flow and growth.

Businesses may operate without borders today, but access to reliable global banking remains uneven, particularly for companies in high-growth markets

Grey directly addresses these pain points by offering transparent pricing, faster settlement times, and access to USD business accounts with USDC support. This enables customers to manage all aspects of the global payments process more efficiently and with greater control.

“Businesses may operate without borders today, but access to reliable global banking remains uneven, particularly for companies in high-growth markets,” said Idorenyin Obong, Co-founder and Chief Executive Officer of Grey. “We’re closing that gap and enabling businesses to move money faster, with greater transparency and control, wherever their clients or partners are based.”

“When payments are delayed, or costs are unpredictable, growth stalls,” added Joseph Femi Aghedo, Chief Operating Officer and Co-founder of Grey. “Grey eliminates those friction points, giving businesses a faster, simpler way to manage payroll, supplier payments, and partner payouts across borders. Adding USD and stablecoin capabilities makes these benefits accessible to even more customers.”

Established in Africa in 2020, Grey has a presence in key markets, including the United States, the United Kingdom, and Europe, and has recently expanded its services and operations into Latin America and Southeast Asia.

Since its inception, the company has consistently enhanced its services to empower digital nomads worldwide, regardless of location. Grey’s offerings include multi-currency accounts, low-cost international money transfers, a virtual USD card, expense management tools, and robust security measures.

Distributed by APO Group on behalf of Grey.

 

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SICPA secures major European award for United Kingdom (UK) Vaping Duty Stamps Program

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Swiss technology company SICPA (www.SICPA.com) secured a landmark traceability contract, in partnership with Spectra Systems Corporation’s subsidiary, Cartor Security Printers (Cartor), reinforcing its global leadership in secure track and trace (T&T) technology. The program will deliver robust traceability solutions to His Majesty’s Revenue and Customs (HMRC) for vape products in the United Kingdom.

Building on SICPA’s proven experience in deploying secure T&T systems for excisable products and leveraging Cartor’s advanced security printing capabilities, the consortium will deliver a robust solution combining banknote‑grade security features with state‑of‑the‑art digital systems to effectively combat the illicit trade of vape products.

Cartor is proud to work alongside SICPA to deliver this important program for HMRC

The solution will enable HMRC to support excise duty collection, enhance market compliance, protect consumers, and further strengthen its fight against illicit trade.

Following a multistage procurement process launched by HMRC in July 2025, the consortium was appointed upon detailed assessment of technical and financial submissions. The project will run for an initial five-year term, with an option for a further one-year extension. The system will be implemented in phases, beginning with a transitional duty stamp from April 2026, followed by an enhanced stamp supported by a full track and trace solution from October 2026.

Cartor will be responsible for the printing of tax stamps with the provision of core security features. SICPA will complement these with additional material and digital security features that further reinforce the system’s robustness, while also managing tax stamp coding and the track and trace software solutions. Its role also includes managing stakeholder and product registration, tax stamp ordering and payments processes, as well as data collection and compliance monitoring for HMRC across the vape products supply chain. SICPA’s advanced digital market intelligence capabilities will further enable the identification of suspicious patterns and potential fraud hotspots, while audit devices for enforcement authorities and consumer verification applications will support in tackling fraud and fakes.

“We are glad to support His Majesty’s Revenue and Customs in its mission to secure the market against illicit trade, building on decades of experience in excisable products secure traceability systems and the successes of our programs throughout the world,” said Philippe Amon, chairman and CEO of SICPA.

“Cartor is proud to work alongside SICPA to deliver this important program for HMRC,” said Andrew Brigham, Cartor’s managing director. “By combining our complementary strengths, this partnership delivers a trusted solution for our customer and the UK vapes market, while supporting the UK’s efforts to protect both public revenues and consumers.”

Distributed by APO Group on behalf of SICPA HOLDING SA.

 

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Structural barriers are holding back effectiveness in APAC finds WARC in latest research

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375 senior marketers and agency leaders across nine countries in APAC surveyed
Half (55%) of APAC ad agencies say clients prioritize short-term activation over long-term brand building
Fewer than half (47%) agencies say briefs are grounded in brand platform
Less that one in ten (9%) of brands measure campaign performance beyond six months

WARC releases new research in The “Twin Pace” Effectiveness Gap

24 January 2026 – The “Twin Pace” Effectiveness Gap is a new survey-led study by WARC, the global authority of marketing effectiveness, that looks at the forces shaping today’s effectiveness culture in APAC.

Drawing on fresh and original survey data from senior marketers and agency leaders, the research

provides the first quantified diagnosis of why effectiveness principles are widely understood yet

inconsistently applied in practice across the region.

Closing this gap requires governance, not just marketing intent. Organisations need to redesign decision rights, evaluation windows, and success metrics so brand investment can be justified alongside performance — enabling teams to operate at twin paces rather than defaulting to short-term optimisation.

Rica Facundo, Managing Editor – Asia, WARC, says “Our Pace Principle study confirmed that long-term brand building supercharges short-term performance, even in Asia’s fast-moving and dynamic markets. With this knowledge, why isn’t it happening more consistently in practice?

“The answer, as this new report explores, is rarely just about marketing itself – it’s a governance issue. The research uncovers the barriers behind the “say-do” effectiveness gap and identifies universal challenges while grounding them in the unique forces shaping marketing effectiveness in APAC. This report validates APAC marketers’ daily challenges with local insights, paving the way to close gaps and unlock the region’s marketing potential.”

Key blockers to an effectiveness culture in APAC highlighted in ‘The “Twin Pace” Effectiveness

Gap study are:

Short-termism is an APAC marketer’s legacy mindset from a previous growth era

Over a third (36%) of brands identify short-term pressures as a barrier to brand investment, while more than half (55%) of agencies report clients prioritizing short-term activation over long-term brand building

For decades, growth in APAC was structurally abundant, making operational speed and short-term performance reliable strategies for success. Short-term metrics worked because returns surfaced quickly in expanding markets. Today, growth is slower and more competitive, but many organisations are still optimised for a high-growth era that no longer exists. This creates a mismatch between how growth now happens and how decisions are still made.

The opportunity is not to abandon performance, but to upgrade the growth model. Organisations need to shift from operating at a single pace to designing for twin paces — balancing short-term optimisation with sustained brand investment, supported by governance and measurement systems built for today’s growth realities.

APAC marketers believe in brand — but it’s not translating into the brief

Nearly nine in ten marketers agree that consistent brand platforms drive sustainable growth, yet less than half (47%) of agency respondents say briefs align with brand platforms

Across APAC, marketers believe in brand platforms. Nearly nine in ten respondents across both brands and agencies agree that consistent brand platforms drive sustainable business growth. However, in practice, briefs are only sometimes grounded in platforms and are not translating into the rest of the advertising supply chain, revealing a disconnect between strategy and day-to-day execution. This is amplified by the region’s scale and diversity.

Fewer than half (47%) of agencies say briefs align with brand platforms due to short-term pressures, budget constraints, measurement systems, incentives, and a lack of unifying brand platforms, making it difficult to sustain long-term brand investment even when conviction exists. The result is a persistent gap between what organisations say they value and what they can prioritise in practice.

The DNA and operating models of an organisation carry different assumptions about what brand is, where it lives, and how actively it should be applied daily. This helps explain why brand thinking is often lost in translation. APAC is home to a wide mix of organisational types – APAC as execution hub, manufacturing mindset and scale-up growth – each optimised for different priorities.

The measurement gap undermining marketing confidence in Asia

Less than a quarter (23%) of agencies measure brand briefs on both short- and long-term outcomes. Less than one in ten (9%) measure beyond 6 months.

Many APAC organisations recognise the importance of marketing effectiveness, but confidence breaks down at the point of measurement. Less than a quarter (23%) of brand briefs are measured on both short and long-term objectives and less than 9% of brands and agencies measure a campaign’s performance beyond six months.

While short-term metrics are widely available and easy to defend, fewer teams can consistently produce decision-grade proof that connects marketing investment to sustained business outcomes. In hierarchical, high-scrutiny environments, this inconsistency pushes decision-making toward what is easiest to measure rather than what matters most for long-term growth.

Closing the measurement gap requires moving beyond fast, proximate metrics to build evidence that is credible, comparable, and trusted across markets and leadership layers. Organisations need measurement systems designed to support twin-pace decision-making — capturing both immediate performance and the cumulative effects of brand over time.

Methodology of the research

The report is based on an online survey of 375 senior marketers and agency leaders across nine countries in APAC conducted in November 2025. Countries surveyed included India, China, Hong Kong, Singapore, Indonesia, Thailand, the Philippines, Australia, and New Zealand.

‘The “Twin Pace” Effectiveness Gap’ report is available to read in full here. It includes all survey findings and practical insights to help brands and agencies of every level apply these ideas to their own work. An accompanying podcast will be available from 5 March, and a webinar on 19 March.

The report is a follow-up to WARC’s widely acclaimed landmark study, The Pace Principle myth-busting guide for marketers of what works in Asia, released last year.

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Africa’s $29.5T Mineral Wealth Poised to Boost Mining Sector Jobs

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Africa’s untapped $8.6 trillion mineral worth has the potential to help African nations realize their employment creation agenda

CAPE TOWN, South Africa, February 23, 2026/APO Group/ –Africa’s mining sector maintains its role as a key contributor of employment creation, fuelled by rising global demand for critical minerals. According to the Compendium of Africa’s Strategic Minerals 2026, released last week by the Africa Finance Corporation (AFC), the continent holds an estimated $29.5 trillion in mineral wealth – about 20% of global reserves – with $8.6 trillion still untapped. The study highlights a clear opportunity for the continent to accelerate industrialization and job creation by focusing on value addition across downstream industries, including aluminium, fertilizers, battery materials and alloys.

Expanding Production, Expanding Jobs

As African countries advance greenfield developments and expand or restart brownfield operations, mining’s contribution to employment is expected to strengthen.

In Namibia, the resumption of uranium production in 2025 and 2026 is supporting renewed sector growth. Speaking in Cape Town, Deputy Minister of Industries, Mines and Energy Gaudentia Krohne reported that the country’s mining industry directly employed 20,843 people at the end of 2024. With diversification underway into rare earths, copper, lithium and other critical minerals – alongside the finalization of a new minerals bill – Namibia is positioning itself to attract fresh capital and expand workforce participation.

“Namibia is committed to supporting small-scale miners and improving livelihoods. We are focusing on finance support schemes and training support programs to equip our workforce with emerging skills,” stated Krohne.

In South Africa, the government has outlined plans to mobilize R2 trillion over the next five years to strengthen its critical minerals value chain. The strategy spans exploration, project development, manufacturing and skills training, reinforcing the sector’s role in employment and export growth.

Namibia is committed to supporting small-scale miners and improving livelihoods

The announcement follows stable mining employment levels in 2025, with approximately 468,000 formal workers recorded mid-year.

In Zambia, mining continues to be a key employment driver, supporting over 73,000 jobs in 2025. Planned expansion through greenfield and brownfield copper projects is set to further boost the sector’s contribution to national employment. For instance, US-startup KoBold Metals’ $300 million development of the Mingomba Mine is expected to create more than 700 jobs. Vedanta Resources is also investing $1.5 billion at Konkola Copper Mines while First Quantum Minerals announced a $1.25 billion investment at Kansanshi S3 Expansion project, generating significant new employment opportunities.

Translating Capital into Jobs

The link between capital investment and job creation is clearly demonstrated by the AFC. At African Mining Week (AMW) 2025, Molebogeng Mazibuko, AFC’s Associate Vice President of Investment, highlighted the importance of deepening partnerships between African investors and global financiers to unlock new funding and accelerate employment growth. To date, AFC’s $700 million in mining investments has generated over 15,000 jobs, with up to 70% of funding directed toward critical minerals.

Global Critical Minerals Demand and Employment Prospects

The global scramble by the U.S., Europe, and China to secure African minerals presents significant employment opportunities across the continent. A December 2025 agreement between the U.S. and the DRC on mineral extraction, value addition, and trade is expected to boost job creation in the country’s mining sector. Already a major employer, the DRC’s mining industry supports over 100,000 jobs, according to Minister of Mines Louis Watum Kabamba at AMW 2025. With just 10% of the nation’s estimated $24 trillion in mineral reserves currently exploited, and strengthened partnerships with the U.S. and China, the potential for mining-led employment growth remains substantial

Addressing Investment Gaps

Despite mining’s growing role in job creation, access to capital remains a constraint, particularly for local operators and small-scale miners seeking to scale projects. Limited financing slows development timelines and restricts employment expansion.

Against this backdrop, AMW 2026, scheduled for October 14–16 in Cape Town, aims to connect global investors with bankable opportunities across the continent. By catalyzing partnerships and facilitating deal-making, the event seeks to translate capital inflows into project execution, industrial growth and sustained employment creation across Africa’s mining sector.

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

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