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KamaPay to Showcase Cross-Border Payment Solutions at GITEX Africa 2023

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KamaPay

By taking part in this prestigious event, KamaPay seeks to further solidify its position and forge valuable partnerships with key stakeholders within the global technology community

DUBAI, United Arab Emirates, May 16, 2023/APO Group/ — 

KamaPay, will be participating in the highly anticipated GITEX Africa 2023 (www.GITEXAfrica.com), taking place from 31 May – 2 June 2023 at Bab Jdid, Boulevard Al Yarmouk, Marrakech.

GITEX Africa 2023 brings together industry leaders, researchers, and technology enthusiasts from around the globe. By taking part in this prestigious event, KamaPay seeks to further solidify its position and forge valuable partnerships with key stakeholders within the global technology community.

KamaPay, a fast-growing fintech company, launched its revolutionary payment solution for Africa in Cameroon, Ivory Coast, and Togo earlier this year with the aim to change the way individuals and businesses make cross-border payments in Africa. KamaPay’s solutions make it faster, easier, and more convenient to send and receive money, pay bills, and conduct business, locally and internationally.

“We are thrilled to be launching KamaPay in Africa,” said Elie Zoghaib, COO of KamaPay. “Our goal is to provide a payment solution that meets the needs of businesses and individuals across the continent, from the bustling cities to the remote villages. With KamaPay, we aim to make payments as easy as sending a text message.”

Our goal is to provide a payment solution that meets the needs of businesses and individuals across the continent, from the bustling cities to the remote villages

KamaPay’s platform offers four payment solutions. KamaPortal is an online payment processing platform that enables businesses to accept customer payments using debit and credit cards. KamaWallet is a mobile wallet that allows individuals to make payments directly from their e-wallets for goods and services, and businesses to collect and send payments online via Mobile Money to more than 25 countries in Africa. KamaLink is a platform that allows sellers to accept online payments without a payment gateway or merchant account. KamaCash is an electronic voucher system that enables clients to easily generate, design, and issue digital coupons or e-vouchers.

KamaPay’s solutions are fast, efficient, and cost-effective, enabling businesses to streamline payment processes and improve results. The platform is built on cutting-edge technology and offers a simple and intuitive user interface, with features such as digital wallets, payment gateway, bill payments, recurring payments, payment links, POS, loyalty program, and many more.

The company aims to delight its customers through its value-add based offering, which caters to scalable business models and provides high-value features such as Mobile Money coverage in more than 25 countries in Africa, quick integration, fast disbursements to sellers, 24/7 customer support, secure payments through local and international bank cards, Mobile Money and e-wallets as well as customized and detailed reporting and analytics.

“Although an emerging market, entering and conducting business in Africa remains a challenge for many international and regional companies,” said Elie Zoghaib, COO of KamaPay. “Our solutions allow businesses to establish a solid presence in Africa, reach over 1.4 billion Africans, reduce costs and delays, manage legal obstacles, and adapt to local payment systems. We are thrilled to bring this innovative solution to Africa, and we are excited to witness the positive impact it will have on businesses and the fintech landscape.”

With an extensive experience of over 20 years in the African market and a team of highly skilled professionals, KamaPay is in a great position to revolutionize the way people make payments in Africa. The company is experiencing rapid growth and plans to launch operations in 15 African countries by June 2023 and further expand to 30 countries by the end of the year.

Visit KamaPay at Booth 7A -10 in Hall 7 at GITEX Africa 2023 to learn more about their innovative online payment solutions and how they can help digitize your business within the African market. For more information, visit their website at www.KamaPay.net.

Distributed by APO Group on behalf of GITEX Africa.

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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