11th AMVCAs Lagos, Nigeria – May 2, 2025 – Quickteller, leading digital payments platform powered by Interswitch, and Verve, Africa’s foremost payment cards and digital tokens brand, have been unveiled as official sponsors of the 11th edition of the Africa Magic Viewers’ Choice Awards (AMVCA), scheduled to hold on Saturday, May 10, 2025, at the prestigious Eko Hotel and Suites, Lagos. As the AMVCA continues to celebrate excellence and innovation in African film, television, and digital content, Quickteller and Verve are proud to partner with this flagship event, further reaffirming their commitment to supporting creativity, storytelling, and talent development across the continent. In line with the sponsorship, Verve will sponsor the Best Lead Actor award category, celebrating excellence in performance, while Quickteller will sponsor the Best Score/Music award, recognising the outstanding contributions of music creators to African storytelling. This year’s AMVCA will feature 27 award categories, spanning audience-voted and jury-decided sections. Among the standout nominees are productions such as Seven Doors, Lisabi: The Uprising, and Skeleton Coast, alongside celebrated actors and actresses including Adedimeji Lateef, Femi Adebayo, Chioma Chukwuka, and Bimbo Ademoye. The ceremony will also see the presentation of two special recognition awards — the Lifetime Achievement Award and the Trailblazer Award, honouring individuals who have made significant contributions to Africa’s entertainment industry. Speaking on the sponsorship, Cherry Eromosele, Executive Vice President, Group Marketing and Communications, Interswitch Group, said: “At Interswitch, we are passionate about enabling growth and celebrating excellence across different spheres of life, including the creative industry. Through our brands Quickteller and Verve, we are proud to support the AMVCA in spotlighting the incredible talent and innovation shaping Africa’s entertainment landscape. We believe that stories have the power to unite, uplift, and inspire. We are honoured to stand with the creators who are telling Africa’s stories with authenticity, passion, and brilliance. We look forward to an inspiring celebration of African storytelling at its finest.” Organised by Africa Magic in association with MultiChoice, the AMVCA continues to serve as a platform for recognising and rewarding exceptional talents that are shaping Africa’s creative future. As proud champions of African creativity, Quickteller and Verve are delighted to celebrate the individuals and productions that have captivated audiences across the continent and beyond. The 11th AMVCA promises to be an unforgettable evening of glamour, celebration and recognition, showcasing the best of Africa’s film and television industry. Viewers can catch all the excitement live across all Africa Magic channels on DStv and GOtv on May 10, 2025. Public voting for audience-voted categories remains open until May 4, 2025, via the official AMVCA website: www.africamagic.tv/AMVCA.

Salad’s embedded lending infrastructure will enable Glovo to extend financing to qualified Glovo partners in Nigeria.

LAGOS, 24 APRIL, 2025: Salad Africa, a fintech that provides embedded lendinginfrastructure to B2B marketplaces and technology-enabled SMEs, has announced a strategic partnership with Glovo, a leading multi-category app that connects users with businesses and riders in Nigeria. Through this partnership, Salad Africa will power a first-of-its-kind SME financing program designed to provide eligible Glovo partners with access to working capital – at better rates and more accessible terms than traditional banks. The goal is to help businesses scale faster, launch new products, and drive increased revenue – all within the Glovo ecosystem. Qualified partners on the Glovo platform will be able to apply for loans ranging from ₦50,000 to over ₦100 million, with eligibility and credit decisions powered by real-time sales data from the Glovo app. To qualify, merchants must have been active on Glovo for at least three months and meet the set performance and operational criteria. This data-driven approach ensures faster, fairer, and more accurate lending decisions.Once eligible partners are identified, they will receive a notification with Know Your Business (KYB) requirements and application steps. Upon KYB completion and approval, funds will be disbursed directly, with repayments made seamlessly as a percentage of future sales; processed entirely through the Glovo platform. Unlike standard financial institutions, this initiative offers loans without the need for collateral, using real-time sales data from the Glovo app to assess eligibility and creditworthiness. This program falls under the umbrella of Glovo Local, Glovo’s global program dedicated to empowering small and medium-sized businesses (SMEs) to thrive in the digital economy. Through Glovo Local, SMEs who make up 90% of shops and restaurants on the Glovo app across 23 countries, get access to tools and support such as marketing, order management, visibility on the platform, training, and seamless financial support. As the first industry player in Europe, Africa, and Central Asia to support SMEs in this way, Glovo is driving growth, catalyzing local economies, and promoting sustainable, inclusive businesses. The partnership between Glovo and Salad Africa represents a major step forward in supporting small businesses with the resources they need to grow sustainably and efficiently. Commenting on the partnership, Kolawole Adeniyi, Head of Commercial, Glovo Nigeria said, “At Glovo, we’re constantly looking for ways to empower our partners and support their growth journeys. Through this initiative, we’re providing access to much-needed working capital directly within our ecosystem, making it easier and faster for our partners to scale. This partnership with Salad Africa is a game-changer—it ensures our merchants can unlock new opportunities without traditional barriers.” Chikodi Ukaiwe, Chief Executive Officer at Salad Africa said, “Supporting local businesses is at the heart of everything we do at Salad, so we’re thrilled to partner with Glovo to provide small and medium sized restaurants with fast, fit for purpose financing to meet growing demand and scale their operations. Embedded finance is unlocking new channels of credit that simply weren’t available before, and we’re proud to be making access to capital more seamless and timely for Glovo’s network of restaurants.” Glovo is currently the only player in the industry offering this type of financing to SMEs, reinforcing its commitment to being a growth partner for local businesses. By removing the common roadblocks SMEs face in accessing traditional finance, Glovo and Salad Africa are driving financial inclusion, catalyzing local economies, and supporting the digital transition of businesses across Nigeria. Since inception, Salad Africa has recorded $1.5M in credit unlocked value and helped about 1,500 SMEs to scale their business operations sustainably. Salad is on a mission to make financing more accessible for SMBs in Africa. About GlovoGlovo is a pioneering multi-category app that connects users with businesses and couriers, offering on-demand services from local restaurants, grocers, supermarkets, and high-street retail stores. Founded in 2015 in Barcelona, Glovo operates across 23 countries in Europe, Central Asia, and Africa, with a vision to build the largest online marketplace, giving everyone access to anything in their city within minutes.For more information, please visit: https://about.glovoapp.com/ About Salad Africa Salad Africa is an impact-focused fintech startup on a mission to make financing more accessible for SMBs in Africa. Salad provides embedded lending solutions to digital platforms and connects banks and financiers to underserved businesses that leverage technology in their operations.

Verve, Africa’s largest domestic payment card and token brand, has continued to strengthen its position as a leader in digital payments through a series of strategic partnerships and technological advancements. The brand remains committed to providing seamless and secure transactions across a growing network of acceptance points.As part of its global expansion, Verve has recently partnered with leading international and regional payment platforms, including Temu, AliExpress, PalmPay, and FortisPay. These integrations enhance Verve cardholders’ access to global e-commerce marketplaces and digital payment solutions, reinforcing the brand’s mission to facilitating easy transactions across borders.Building on this momentum, Verve has also accelerated its adoption of contactless payment solutions, strengthening its presence across key fintech and payment service provider platforms, including Opay, PalmPay, Global Accelerex, Interswitch, and Paystack terminals. This development aligns with the growing demand for faster, more secure digital payment methods, benefiting both merchants and consumers.Commenting on these milestones, Vincent Ogbunude, Managing Director, Verve International, stated:”At Verve, we remain committed to driving innovation in digital payments while ensuring our cardholders enjoy secure and hassle-free transactions. Our recent integrations with global e-commerce platforms and the growing acceptance of our contactless solutions reflect our dedication to advancing financial inclusion and enhancing payment experiences.”With over 75 million Verve cards issued to date, the brand continues to expand its footprint across ATMs, PoS terminals, online, agency banking outlets, e-commerce platforms, and mobile applications. As Verve consolidates its leadership in Africa’s payment ecosystem, it remains focused on delivering cutting-edge solutions that empower individuals and businesses to thrive in an increasingly digital economy.