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Interswitch and ACI Worldwide Consolidate Strategic Partnership to Drive Payments Modernization across Sub-Saharan Africa.

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Interswitch, Africa’s leading integrated payments and digital commerce company, will support the roll-out of ACI’s revolutionary Enterprise Payments Platform in key African Markets

MIAMI, FLA/LAGOS, NIGERIA – August xx, 2022—ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, and Interswitch Group, Africa’s leading integrated payments and digital commerce company, today announced a new frontier in their 20-year old relationship which consolidates Interswitch’s relationship with ACI from reseller to strategic partner status across multiple markets in the Sub-Saharan Africa Region.

The partnership will enable banks, fintechs and other financial institutions in the region to progressively transform and modernize their payments infrastructure through ACI’s revolutionary Enterprise Payments Platform.

On the back of this partnership, Interswitch will incorporate the full range of payments solutions that form part of the ACI Enterprise Payments Platform into its technology stack, enabling banks and financial institutions across Africa to respond rapidly to regulatory mandates, new competition, and evolving trends in a fast-changing payments landscape.

The ACI Enterprise Payments Platform is an end-to-end payments hub solution for retail and wholesale payments and encompasses all the capabilities of ACI IssuingACI Low-Value Real-Time PaymentsACI Acquiring, ATM and Self-Service Banking and ACI Fraud Management. The solution enables banks to future-proof their payments infrastructure and meet new customer demands for all payment types across consumer, merchant and corporate payments.

Interswitch, a strategic partner of ACI for more than 20 years, will offer new innovative products and services in Nigeria and 31 other markets in Sub Saharan Africa where the payments sector is experiencing an unprecedented revolution and is poised to witness significant further growth on the back of a growing young population, increased digitization and progressive regulatory outlook.

“We are thrilled to announce the extension of our long-term partnership with Interswitch,” said Thomas Warsop, President and CEO, ACI Worldwide. Our flexible, agile and innovative payments software solutions will now be available to banks and financial institutions across the continent. We have committed to a long-term investment in Africa, collaborating with local partners and experts, and are now in a fantastic position to support all stakeholders on their quest for digital transformation and innovation, whilst enabling the resiliency and service quality required by next-generation payment systems.”

We are excited about our new strategic partnership with ACI Worldwide, which essentially consolidates our 20-year relationship across Sub-Saharan Africa,” said Mitchell Elegbe, Founder/Group Managing Director & CEO at Interswitch. “With the continued rise in real-time transactions and digital payments, providing sustainable payments infrastructure to support the increased demand in transactions is imperative. Interswitch and ACI are committed to driving digital transformation across Africa via the deployment of relevant digital solutions and innovative infrastructure that optimize business efficiency and drive our customers’ growth and profitability.”

About ACI Worldwide 

ACI Worldwide is a global leader in mission-critical, real-time payments software. Our proven, secure and scalable software solutions enable leading corporations, fintech companies and financial disruptors to process and manage digital payments, power omni-commerce payments, present and process bill payments, and manage fraud and risk. We combine our global footprint with a local presence to drive the real-time digital transformation of payments and commerce.  

Contacts/Media Relations:

Nick Karoglou | Head of Communications and Corporate Affairs | nick.karoglou@aciworldwide.com

Katrin Boettger | Director Corporate Communications | katrin.boettger@aciworldwide.com

© Copyright ACI Worldwide, Inc. 2023

ACI, ACI Worldwide, ACI Payments, Inc., ACI Pay, Speedpay and all ACI product/solution names are trademarks or registered trademarks of ACI Worldwide, Inc., or one of its subsidiaries, in the United States, other countries or both. Other parties’ trademarks referenced are the property of their respective owners.

About Interswitch

Interswitch is a leading technology-driven company focused on the digitization of payments in Nigeria and other countries in Africa. Founded in 2002, Interswitch disrupted the traditional cash-based payments value chain in Nigeria by supporting the introduction of electronic payments processing and switching services.

Today, Interswitch is a leading player with critical mass in Nigeria’s developing financial ecosystem and is active across the payments value chain, providing a full suite of omni-channel payment solutions. Interswitch’s vision is to make payments a seamless part of everyday life in Africa, and its mission is to create transaction solutions that enable individuals and communities to prosper across Africa. Interswitch’s broad network and robust payments platform have been instrumental to the development of the Nigerian payments ecosystem and provide Interswitch with the infrastructure to expand across Africa.

Interswitch Media Contact

gmcc@interswitchgroup.com

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FrieslandCampina-led Value4Dairy Project to Boost Milk Production in Oyo, Osun, Abuja

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The dairy sector in Nigeria is about to undergo a transformative journey with the inauguration of the latest Value4Dairy Consortium project. Held at the International Institute of Tropical Agriculture (IITA) in Ibadan, Oyo State, on March 19, 2024, this event signals a significant leap forward for Nigeria’s dairy industry.

Co-funded by the Bill & Melinda Gates Foundation, this project represents a substantial investment in Nigeria’s dairy sector. It aims to boost small-scale milk production and promote sustainability across three dairy zones in Oyo, Osun, and Abuja. The inauguration ceremony brought together government officials, industry leaders, farmers, and key stakeholders to celebrate this groundbreaking initiative.

These self-sustaining dairy zones will not only facilitate milk aggregation but also provide essential resources and training to enhance productivity sustainably. Led by FrieslandCampina WAMCO, the Consortium will leverage cutting-edge advancements in feed, breeding, and sustainable farming practices to uplift local farmers and drive economic prosperity across the sector. Through strategic interventions, the Consortium aims to empower 10,000 pastoralists and smallholders initially, with plans for expansion to include 40,000 milk producers in subsequent years.

The project’s impact transcends mere dairy production, encompassing broader societal benefits such as improved food security, heightened nutrition, and reduced conflicts between herders and farmers. Embracing a gender-intentional approach, the programme also includes dedicated initiatives to empower women and foster inclusive growth.

At the Inauguration Ceremony, Mrs. Winnie Lai-Solarin, Director of Animal Husbandry Services at the Federal Ministry of Agriculture and Food Security, delivered a compelling address on behalf of the Honourable Minister of Agriculture and Food Security, Senator Abubakar Kyari. In her speech, Mrs. Lai-Solarin emphasized the profound significance of the Value4Dairy Consortium project in Nigeria’s agricultural landscape.

Highlighting the project’s potential to enhance food security and uplift rural communities, Mrs. Lai-Solarin commended FrieslandCampina WAMCO for its dedication to driving progress within the Dairy Value Chain. She underscored the company’s commitment to implementing impactful programs aimed at accelerating development and fostering sustainability in the sector.

Mr. Roger Adou, Managing Director of FrieslandCampina WAMCO Nigeria PLC, expressed his enthusiasm, stating, “We are immensely proud to embark on this transformative journey, expanding our dairy development footprints in Nigeria. Through collaborative efforts and innovative strategies with our Value4Dairy partners, we are unwavering in our commitment to driving economic prosperity and empowering communities nationwide.”

Launched in April 2021, the Value4Dairy Consortium is a collaboration of four strategic partners with expertise in various agri-related value chains: FrieslandCampina WAMCO (a subsidiary of FrieslandCampina and Nigeria’s leading dairy company); URUS (a global leader in artificial insemination, genetics, and herd management systems), Barenbrug (a leading grass and forage seed company), and Agrifirm (a global company that operates in the animal nutrition and crop farming business). 

Through various initiatives, including the Value4Dairy Consortium and the Center for Nigeria Dutch Dairy Development (CNDDD), as well as partnerships with academic institutions, FrieslandCampina WAMCO is actively engaged in shaping the future of dairy development in Nigeria.

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Global Money Week: 9PSB Mentors Students on Financial Discipline

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Lagos, March 22, 2024 — 9 Payment Service Bank (9PSB), Nigeria’s foremost digital payment service bank focused on financial inclusion, reaffirmed its commitment to all-inclusive financial services.

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L-R: Head, Human Resources, 9 Payment Service Bank (9PSB), Alex Ohai; Head of Sales and Strategic Partners, 9PSB, Kunle Isiaka; Head of Rosebay Schools, Mrs. Irede Daniels; Team Lead, Marketing Communications, 9PSB, Inemesit Ekong and Group Head, Business Development and Strategy, 9PSB, Akeem Salam during the Global Money Week Mentorship and Financial Literacy program held recently at Rosebay Schools, Lekki Phase 1, Lagos State.

It extended its financial literacy and mentorship programme to Rosebay Schools, Lekki Phase 1 in Lagos State to mark this year’s Global Money Week theme, “Protect Your Money, Secure Your Future” Speaking during the mentorship session, Group Head, Business Development and Strategy at 9PSB, Akeem Salam, emphasized that to earn money one must engage in a productive activity by working for an organisation, offering services, running a self-employed business, or conducting investment ventures that will yield returns at a stipulated period. Therefore, the money earned must be secured through depositing it in a savings account in the bank to yield interest for future use. ‘’To make money, one must understand and define his or her purpose in life, identify your niche where you can perform excellently by creating value through your services and people will be willing to pay.

L-R: Head, Human Resources, 9 Payment Service Bank (9PSB), Alex Ohai; Head of Sales and Strategic Partners, 9PSB, Kunle Isiaka; Group Head, Business Development and Strategy, 9PSB, Akeem Salam; Head of Rosebay Schools, Mrs. Irede Daniels; Team Lead, Marketing Communications, 9PSB, Inemesit Ekong and the pupils of Rosebay Schools during the Global Money Week Mentorship and Financial Literacy program held recently at Rosebay School, Lekki Phase 1, Lagos State

For you to know how important money is, this week has been dedicated globally to raising awareness about financial literacy, targeting children like you to raise your consciousness on how to protect your money and secure your future,” Salam remarked. “The future is not too far from now, you need to start planning and investing your money, and your parents and teachers need to help you begin the journey. The most important thing now is to ensure you start saving, be consistent and disciplined, so you will not have to regret tomorrow,” he added. Global Money Week is an annual global awareness-raising campaign on the importance of ensuring that young people, from an early age, are financially aware, and are gradually acquiring the knowledge, skills, attitudes, and behaviours necessary to make sound financial decisions and achieve financial well-being and financial resilience. == Ends == ABOUT 9 PAYMENT SERVICE BANK 9 Payment Service Bank (9PSB) is a registered Nigerian bank operating under the approval of CBN to provide unique banking services to the underbanked, and unbanked, as well as innovative services to individuals with bank accounts. 9PSB operates as a fully digital bank and runs its agency network. 9PSB is a bank for everyone accessible by everyone and offers a seamless online and offline banking experience.

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More Winners Emerge in 9mobile ChopLife Promo

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Lagos, Nigeria. March 2024: 9mobile, Nigeria’s leading customer-focused telecommunication company, announced recently that the ongoing 9mobile ‘ChopLife’ Promo has garnered immense participation, with a surge in the number of winners across the nation. This exciting development demonstrates 9mobile’s commitment to rewarding its loyal subscribers while enhancing their experience on the network. The ChopLife promo, launched in December 2023, has gathered widespread attention for its innovative approach to rewarding subscribers with fantastic prizes ranging from cash prizes of N20,000, to N250,000 and non-cash prizes like Generators, Refrigerators, Fuel vouchers, 50kg bags of rice, 25-litre vegetable oil, and free airtime. The promo, meant to acknowledge and reward loyal customers has received an unprecedented number of submissions, indicating an extraordinary response from subscribers across the country.

(L-R) Temilade Adu, Public Relations Specialist, 9mobile; Nwafor Emeka Joseph, winner of the Two Hundred and Fifty Thousand Cash Prize and Omolola Turner, Analyst Consumer Segment, 9mobile at the 9mobile Choplife Promo Prize Presentation Recently.

Commenting on the recent influx of winners, the Director of Product Innovation and Business Development at 9mobile, Kenechukwu Okonkwo said, “We are thrilled to see the growing excitement surrounding our ChopLife promo. At 9mobile, we are committed to creating value for our subscribers and enhancing their telecommunications experience. The addition of more winners highlights our dedication to fulfilling this promise.”

Nwafor Emeka Joseph, winner of the Two Hundred and Fifty Thousand Naira Cash Prize at the 9mobile Choplife Promo Prize Presentation Recently.

Among the recent winners is Nwafor Emeka Joseph, a loyal 9mobile subscriber from Lagos, who expressed excitement upon receiving the news of winning a cash prize of N250,000. “I couldn’t believe it when I received the call informing me that I had won N250,000 in the 9mobile ChopLife Promo. I felt it was a scam because I have been defrauded before. It is truly a delightful surprise, and I am grateful to 9mobile for this opportunity,” Emeka exclaimed. Other winners include Abdulkarimu Lukuman Abass and Jimoh Kayode Lukman, who won generator sets; Ogidan Abdulfatai, who won 25L of vegetable oil; and Abdulmumeen Korede and Ngosi Osigwe, who won fuel vouchers. They all expressed their gratitude to 9mobile for the opportunity to win such prizes.

Omolola Turner, Analyst Consumer Segment, 9mobile; Abdulkarim Lukuman Abass, winner of a refrigerator and Harry Mordi, Specialist Consumer Segment, 9mobile at the 9mobile Choplife Promo Prize Presentation Recently.

The 9mobile Choplife Promo reinforces the company’s commitment to enriching the lives of its subscribers by providing them with value-added services and rewarding experiences. As the promo continues to unfold, more winners will emerge, further highlighting 9mobile’s commitment to fostering customer satisfaction and loyalty. 9mobile encourages its subscribers to keep participating in the 9mobile Choplife Promo for a chance to win amazing prizes and rewards. To join the excitement, simply recharge your 9mobile line with N200 and above, and stand a chance to be one of the lucky winners. =

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