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Verve: Making Great Strides in the African Payment Space

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Verve’s commitment to excellence and harnessing the power of technology has positioned it as a leader in the African payment space. With the rise of digital technologies and the increasing demand for convenient, secure, and seamless transactions, Verve has been at the forefront of driving innovation in the payments ecosystem.

With over 65 million Verve cards in circulation and counting, Verve, Africa’s leading payment cards and digital tokens brand, has demonstrated its commitment to excellence by harnessing the power of technology to create solutions that are not only innovative but also customer-centric. Over the past 15 years, Verve’s innovative spirit has transformed the way Africans interact with financial services, expanding financial inclusion and empowering individuals to take control of their financial lives.

The brand’s contribution to the development of mobile payment solutions through payment cards cannot be overemphasized. By seamlessly integrating its payment gateway with leading financial institutions, Verve has expanded financial inclusion and empowered individuals to take control of their financial lives. This integration enables transactions on the go, making it easier for users to access and manage their funds anytime, anywhere.

Beyond its payment card offerings, Verve is also providing cardholders with exhilarating experiences in the world of entertainment. With over 280 scheme members, including key global partners such as Amazon Prime, Netflix, Facebook, Showmax, Spotify and more, Verve cardholders can effortlessly make payments in Naira, enhancing the convenience and accessibility of digital entertainment services.

Furthermore, Verve has forged a strategic partnership with Google to make web transactions on the Google Play Store easier and more accessible for Nigerians. This collaboration allows Nigerians to use their Verve cards to make purchases on the Google Play Store for services like Games, LinkedIn, Storage, TikTok and more, all in Naira. This partnership strengthens the digital payment ecosystem in Nigeria, making it more inclusive and convenient for users.

In a groundbreaking collaboration with the Lagos State Government, Verve has transformed the Lagos State Residents Registration Agency (LASRRA) identity card into a smart multi-purpose card. This smart card combines biometric identification with cutting-edge technology, elevating it from a mere identification card to a powerful payment tool.

Leveraging Verve’s robust infrastructure, cardholders can receive money or payments from various sources, including family, friends, businesses, and customers. The LAG ID, as it is known, can be used across a wide range of payment channels, including Automated Teller Machines (ATMs), Point of Sale (POS) terminals, offline and online payment agents, and more, providing residents with a seamless and versatile payment experience.

As Africa’s payments ecosystem continues to evolve, Verve remains at the forefront of innovation, exploring new frontiers in payment technology. Its commitment to excellence has set a high standard for the industry, inspiring a new generation of innovators to rethink the future of payments.

Verve’s cutting-edge offerings have transformed the payments landscape in Africa, demonstrating the power of innovation to drive growth and financial inclusion. ​ With its customer-centric approach and unwavering commitment to excellence, Verve will continue to play a leading role in shaping the continent’s payment ecosystem, inspiring innovation at every swipe.

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Business and Brand

Arsenal vs Chelsea, Fulham vs Spurs for Live Streaming on Showmax

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Title-chasing Arsenal will, on Sunday, host London rivals, Chelsea, in a Premier League clash of huge importance to both teams. The match, which kicks off at 2.30 PM, is available for live streaming on Showmax. Second-placed Arsenal, who trail league leaders, Liverpool, by a whopping 15 points, are convinced that they still can win the Premier League title despite the recent indifferent form. The Mikel Arteta-coached side have won only two of their last five games, losing one and drawing two to leave them with a mountain to climb. A victory over Chelsea would narrow the gap between them and Liverpool, who do not play in the Premier League until April, to 12 points. Anything short of that is a further erosion of their already slender chances of the title. Chelsea, who have been inconsistent after a bright start to the season, moved into the Champions League places last weekend on the back of a labored 1-0 victory over relegation-threatened Leicester. They will have to be at their best against determined, even if injury-ravaged Arsenal, to get anything from the game and keep alive their hopes of playing Champions League football next season.Another London derby is available on Sunday when Fulham host Tottenham Hotspur at 2.30 PM. On Saturday, Premier League defending champions, Manchester City, host the fearless Brighton, who have caused headaches for bigger teams this season under coach Fabian Hürzeler. The match is available for live streaming at 4 PM. The wheels have come off City’s campaign, as they sit fifth on the table and are at the risk of missing out on the Champions League if things do not improve fast.Also available for live streaming at the same time are games between relegation candidates, Ipswich and implausibly third-placed Nottingham Forest; Southampton at home to Wolves as well as rejuvenated Everton at home to West Ham. The day’s diet of live games comes to an end with the impressive Andoni Iraola-managed Bournemouth hosting Thomas Frank’s often resilient Brentford side. This season, Bournemouth, ninth on the log, have been impressive at home, beating Manchester City, Arsenal and smashing Newcastle 4-1 away from home. Their recent form has been dire with three losses and one win in five games. Brentford, who sit 12th, have no relegation worries. They have won two wins and two losses from the last five games. The weekend games will end with the doomed Leicester City hosting the wretched Manchester United, who sit in an unfamiliar 14th position. Kick-off is at 8 PM. Fans can catch all the weekend’s action, live on Showmax Premier League mobile. Sign up at www.showmax.com.

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Solar Stories: Powering Africa’s Remote Communities

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A partnership between MultiChoice Africa and The Earthshot Prize has helped to showcase the impact of the climate entrepreneurs working to solve the continent’s energy and environmental challenges.

In Africa, national grid electricity has not achieved universal penetration and is often unreliable. Rural areas are particularly affected. The International Energy Agency estimates 600 million people in sub-Saharan Africa, or 43% of the population, lack access to electricity. 

The key to development is electricity. Without it, communities must generate their own power for cooking, lighting and heating, and they are robbed of a wealth of other opportunities – especially internet connectivity.

This means many outlying African communities must power their homes using wood fuel. Besides having limited energy applications, wood burning has a double negative impact: it causes deforestation, and it also generates significant carbon emissions. 

Carbon-heavy kerosene and diesel generators are other alternatives for lighting and cooking, but these also negatively impact the environment and affect people’s health and quality of life.

For Africa, the most viable solution to this energy dilemma is to establish mini-grids and stand-alone systems, to power the needs of the people in the immediate area. As a mini-grid driver, solar energy offers an impactful alternative for communities across Africa and other emerging economies. 

A pan-African company named d.light has embraced the solar opportunity, working to make life brighter for millions of people by bringing clean, affordable power to people in rural parts of Africa. The business has seen enormous growth and already aims to reach one billion people by 2030. 

While working in Benin, co-founder Sam Goldman saw his neighbour’s son badly burned by an overturned kerosene lamp. With co-founder Nedjip Tozun, he then formed d.light, and together they developed a prototype solar lantern. From there, they set out to bring safe, renewable energy and light to people everywhere, especially where they have no other safe or reliable options. 

Today, d.light manufactures and sells solar home systems and appliances to customers across Africa and India, and sells through partnerships in 70 other countries. 

A key part of their success is d.light’s innovative daily pay-as-you-go (PAYG) model through mobile payment providers, which makes these services affordable and accessible.

Since 2007, d.light has avoided 38 million tonnes CO2e and an estimated two million tonnes of black carbon/particulate matter. With $180 million in investment and revenues of $120 million last year, their PAYG solution has attracted over $600 million in finance. 

As a large, successful, purpose-led African environmental business that has already empowered more than 175 million lives, d.light is an inspiring success story for the African entrepreneurial scene. This impact was recognised at the recent Earthshot Prize Awards in Cape Town, South Africa, where d.light was a finalist in the Clean Our Air category. 

The Earthshot Prize partnered with MultiChoice Africa to broadcast the event across the continent and beyond, while also producing content to showcase the environmental issues facing the continent and the people working to address them. Amplifying the innovative solutions of companies like d.light aims to inspire young environmental entrepreneurs and accelerate the transition to a cleaner, more sustainable future.

This process of spreading inspirational success stories of sustainable climate solutions – particularly in the solar-energy space – can help to build a movement for energy independence across the African continent. This can in turn unlock all the benefits for energy access at scale and help Africa’s people reach their full potential.

As The Earthshot Prize media partner, MultiChoice has leveraged its pan-African audience of more than 20 million households in 50 countries to showcase the transformative impact of renewable energy, to accelerate the adoption of renewable energy solutions and to empower and inspire Africa’s emerging eco-entrepreneurs.

Being a highly practical, accessible renewable-energy source, solar power, in particular, can provide light, and also be a catalyst for education, economic empowerment, and improved health and well-being. Africa’s unfolding solar story can light the way to a brighter, more sustainable future for the continent.

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Africa Fintech Giant, Interswitch Announces the Second Edition of it Job Shadowing Initiative.

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Lagos, Nigeria, March 12, 2025 – Interswitch, one of Africa’s leading integrated payments and digital commerce companies has announced the second edition of its Job Shadowing Programme, building on the momentum of a successful maiden edition in 2024, and demonstrating a sustained commitment to developing a healthy talent pipeline and strengthening expertise within the technology sector. The initiative aims to empower thousands of budding and early-stage professionals through guided thought leadership sessions, immersive project-based trainings, tailored coaching, and mentorship sessions spanning tech and non-tech focused disciplines such as engineering, product management, operations, marketing, finance, human resources among others. Kicking off this month of March, the initiative will assume a phased approach for different categories of applicants. The Basic Programme will set the tone for various areas of interest, presenting opportunities to eligible members of the public, later transitioning to a tailored Intermediate Programme which will target specialized talent across specific roles. The final phase will culminate in the Advanced Programme designed to equip and shortlist exceptional applicants who may ultimately be integrated into Interswitch’s workforce. At its core, the Job Shadowing Programme reflects Interswitch’s unwavering commitment to cultivating talent and fostering innovation within the tech ecosystem. By facilitating hands-on experience and mentorship, Interswitch aims to bridge the gap between theoretical knowledge and practical application within the corporate world, arming participants with the requisite skills to thrive in today’s rapidly evolving workplace. Over the next 1-5 months, participants will immerse themselves in comprehensive training, gaining insights into global best practice, emerging trends, and practical skills from Interswitch’s seasoned professionals and tech industry experts alike. Franklin Ali, Group Chief Human Resources Officer, Interswitch, expressed enthusiasm for the initiative, stating, “Interswitch is committed to nurturing the next generation of fintech leaders. The unveiling of the second edition of our Job Shadowing Programme reflects our dedication to equipping tech and non-tech professionals with the skills, knowledge and network they need to build successful careers. By offering this opportunity, we are not just supporting individual careers, we are strengthening the future of the Nigerian tech ecosystem.” Ali further emphasized the programme’s role in fortifying the technology-based talent value chain and enhancing workforce capabilities, asserting that, “Initiatives like the Interswitch Job Shadowing Program play a critical role in nurturing African talent and empowering individuals to thrive amidst the evolving workforce landscape.” Participants interested in making a difference within the payments and technology ecosystem can register for the programme at https://www.interswitchgroup.com/jobs/ The Job Shadowing Programme continues to reinforce Interswitch’s substantial investment in talent development, despite Nigeria’s brain drain challenge. In doing so, the company also reaffirms its dedication to driving socio-economic growth and empowerment across the African continent.

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