In lists of technology innovations and developments across West Africa, we usually see the achievements of the usual suspects: Nigeria, Ghana and sometimes Cote d’Ivoire. But one country that is making great strides in the sub-region is Senegal, a leader in information technology (IT) and...
Emotu Balogun knows all too well the important role that logistics play when running an effective marketplace. The Nigerian entrepreneur got his start at a fashion marketplace where he gained key insight into the difficulties surrounding fulfillment and how it stood in the way of...
Brick-and-mortar retailers looking to expand into new territory and connect with commercial clients can use business payment models to attract new customers while also supporting their unique needs. By embracing digital innovations, businesses can seamlessly transact with other businesses without getting bogged down by paper-based legacy payment methods. In fact,...
Hindsight, as they say, is 20/20. And hindsight about 2020 — well, that’s something else entirely. After the initial mad dash of the great digital pivot, the compressed timeframe where years’ worth of innovation was accelerated and adopted in a span of mere months, there’s...
By 2025, 30% to 50% of B2B payments will not only be done digitally, they’ll also be done in real time. FIS Senior Vice President of Digital Payments Ginny Chappell made the bold prediction to Karen Webster in an interview, noting that B2B payments are,...
When small- to medium-sized business (SMB) owners experienced cash flow problems back in the good old days, it would inevitably leave them in a bit of a pickle. For a struggling entrepreneur, their few options — if they had any all — would include scrounging...
“When you facilitate the life of the sellers, they end up selling even more.” That has been the goal of Moulaye Tabouré since he launched Afrikrea, an online marketplace for the buying and selling of African-inspired clothing, accessories and arts and crafts, in 2017. Today,...
The headlines paint an ominous picture for the holiday shopping season — and, indeed, for everyday commerce. Supply chains across a broad range of verticals are being disrupted, causing cash flow pressure for buyers and suppliers. J.P. Jolly, Head of Payments at J.P. Morgan, told...
Businesses angling for a competitive advantage are clamoring for instant payment options for everything from managing payroll to paying vendors. Instant payments such as digital wallets keep businesses on the cutting edge of innovation and allow them to share the speed with their customers and vendors. As a result, 90%...
