Nile Pay partners with Zain South Sudan

Sunday, August 2, 2026

Home Tags Nilepay

Gadgets

Nile Pay partners with Zain South Sudan

Staff Writer - August 6, 2019

NilePay PLC, the leading Electronic Financial Services Company has today partnered with Zain South Sudan to launch the first licensed mobile money service in...

MOST POPULAR

Africa is seeking to move beyond being a raw material supplier and establish itself as a critical energy player, government leaders said at African Energy Week (AEW) 2025: Invest in African Energies, highlighting investment opportunities, energy transition based on domestic resources, and the need for predictable policies for investors. Anatole Collinet Makosso, Prime Minister of the Republic of Congo, said the continent must leverage its vast oil and gas resources – as well as solar, geothermal and wind potential – to drive development. “Without energy justice, energy transition is an illusion,” he said. “To offer clean, affordable and reliable energy is not an option – it’s an imperative. Our need for development cannot be sacrificed. We need to support energy transition fully, but it must be based on our gas and petroleum resources.” Makosso highlighted key projects including Eni’s Congo LNG initiative, the recently licensed deepwater Nzombo block, the Banga Kayo gas monetization project and Perenco’s ongoing modernization and drilling works to extend field lifespans. “These initiatives are part of the national and continental strategy. Africa must no longer be considered as a provider of raw materials – it must be considered as a critical energy player,” he said. He called the continent “the investment opportunity of the century,” stressing that the goal is not merely to attract capital but to build a competitive, sovereign Africa. Nigeria’s Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), outlined measures the country has taken to boost investor confidence and expand production, including an Executive Order signed earlier this year to reduce production costs. The sector overhaul has already spurred significant activity, including $5 billion in new Shell investment in Bonga North, planned investments in Bonga Southwest and other deepwater projects, and the restructuring of state-owned NNPC into a commercially viable company. “Investors want predictability, efficiency and incentives, as well as alignment between stakeholders and industry,” he said. Lokpobiri also pointed to successes from asset divestments as evidence of Nigeria’s growing strategic role. “The companies that acquired IOC assets – Renaissance acquiring Shell’s onshore and shallow-water assets, Seplat acquiring ExxonMobil’s, Oando acquiring Eni’s – between the time the divestments were enabled and today, we have increased production by at least 200,000 barrels per day. That shows that divestment was the right decision,” he said. Looking ahead, Lokpobiri urged Africa to capture more of global oil and gas capital expenditure, and to “transition from being net importer to strategic value creator.” He also emphasized the need for partnerships rather than energy abandonment: “No continent or country is slowing down. What is needed is to reduce emissions, not abandon any form of energy, and what we need from the West is partnership.”

Africa Stakes Its Claim as Global Energy Player at African Energy...

October 2, 2025

Africa Search Capital Acquires Falcon Security Hub

August 25, 2021

Investment in Cultural Tourism will Expand Economic Opportunities

August 24, 2023

KDC AND KNCCI PARTNER TO ACCELERATE CREDIT FLOW TO ENTERPRISES

June 13, 2022

HOT NEWS

Feature

MKU lauds staff for excellent performance during COVID-19 period

PayAngel (https://PayAngel.com), a cross-border payments platform built by migrants and shaped by a lived understanding of the migrant journey, today announced an expanded collaboration with Visa, a world leader in digital payments. Leveraging Currencycloud, a Visa Direct solution, PayAngel will strengthen its multicurrency account and international payout capabilities. The collaboration enables PayAngel to support faster, more efficient cross border payouts across multiple currencies and countries, enhancing how individuals and businesses move money internationally. This capability supports everyday use cases that matter to PayAngel’s customers, from contributing to family milestones and fulfilling communal obligations, to supporting businesses that operate across borders. Born out of a desire to challenge the high costs, friction, and lack of transparency that have long defined traditional remittances, PayAngel enables fee free transfers, competitive FX rates, and dependable settlement across 22 African countries, as well as India and Bangladesh. The platform also supports businesses through a web based B2B payments portal that enables collections, disbursements, and cross border settlement without the need for local presence or complex integrations. By utilising Currencycloud’s regulated infrastructure, PayAngel is able to streamline settlement flows, improve operational efficiency, and expand its ability to serve customers with clarity, control, and confidence. The collaboration aligns with PayAngel’s long term strategy to scale responsibly, deepen trust, and invest in resilient global payments infrastructure. “Access to dependable, well governed payment rails is essential to supporting globally connected communities,” said Jones Amegbor, CEO at PayAngel. “This collaboration strengthens the infrastructure behind our platform, helping us deliver faster and more efficient cross border payments while staying focused on the human connections those payments represent.” “Visa Direct is focused on enabling secure, seamless money movement across the global payments ecosystem,” said Philip Konopik, SVP, Head of CMS, Visa Europe. “It's fantastic to be collaborating with fintechs such as PayAngel, to help supercharge innovation that improves how money moves for consumers and businesses worldwide.”

News

Powering Faster Global Money Movement

The Common Market for Eastern and Southern Africa (COMESA) on Thursday launched its electronic certificate of origin system in Kenya, aiming to digitize trade procedures and ease intra-regional trade by cutting costs and delays linked to manual certification. Christopher Onyango, director of trade and customs at COMESA, told journalists in Nairobi, Kenya’s capital, that the new digital system is expected to streamline customs procedures, reduce red tape, and boost intra-regional trade by allowing exporters and customs authorities to process certificates of origin electronically. “The electronic certificate of origin will replace manual certificates and reduce clearance times at border crossings,” Onyango said, adding that goods originating from COMESA member states qualify for preferential tariff treatment. Josephine Makokha, rules of origin manager at the Kenya Revenue Authority, said Kenya joins Eswatini, Malawi, Zambia, and Zimbabwe in rolling out the system. She noted that the platform simplifies the application, issuance, exchange, and verification of certificates. Makokha added that the online certificates will be transmitted in real time among COMESA member states, enabling customs authorities to reduce the bureaucracy involved in cross-border trade. Visited 115 times, 7 visit(s) today

News

COMESA unveils e-certificate of origin system to spur intra-regional trade

Executive Corner

Consular Camp to be held in Kisumu (13th-14th October 2018)

EDITOR PICKS

THE 16TH EDITION OF MKTE SET TO ATTRACT RECORD 10,000 DELEGATES

July 29, 2026

Zetech University Startup Incubatees

July 28, 2026

Zetech University: A Culture of Innovation

July 28, 2026

Third Africa Islamic Finance Forum Confirmed for Nigeria March 2018

March 23, 2018

EABL signs lease deal for office space in upcoming Garden City...

March 14, 2018

Facebook Introduces Messenger Rooms and More ways to connect

April 27, 2020

Tag: nilepay

Nile Pay partners with Zain South Sudan

MOST POPULAR

Africa Stakes Its Claim as Global Energy Player at African Energy...

Africa Search Capital Acquires Falcon Security Hub

Investment in Cultural Tourism will Expand Economic Opportunities

KDC AND KNCCI PARTNER TO ACCELERATE CREDIT FLOW TO ENTERPRISES

HOT NEWS

MKU lauds staff for excellent performance during COVID-19 period

Powering Faster Global Money Movement

COMESA unveils e-certificate of origin system to spur intra-regional trade

Consular Camp to be held in Kisumu (13th-14th October 2018)

EDITOR PICKS

THE 16TH EDITION OF MKTE SET TO ATTRACT RECORD 10,000 DELEGATES

Zetech University Startup Incubatees

Zetech University: A Culture of Innovation

POPULAR POSTS

Third Africa Islamic Finance Forum Confirmed for Nigeria March 2018

EABL signs lease deal for office space in upcoming Garden City...

Facebook Introduces Messenger Rooms and More ways to connect

POPULAR CATEGORY