Cover
Interswitch Champions Continental Fintech Ecosystem Engagement With Afts Nairobi 2024 Sponsorship
The Africa Fintech Summit has announced Interswitch Group as Gold Sponsor for the Africa Fintech Summit (AFTS) 2024, to be held in Nairobi, Kenya, from September 4-6, 2024. The partnership comes at a time of significant expansion of Interswitch’s operational footprints across the continent on the back of notable milestones such as the recent consolidation of its strategic partnership with ACI Worldwide to drive the modernisation of real-time payments across 32 Markets in Sub-Saharan Africa, as well as its foray into other industry verticals including Healthcare, Energy & Transportation, among others.
Since commencing operations in 2002 out of Nigeria, Interswitch has remained at the forefront of driving innovation in the financial technology and digital payments industry, facilitating payments and leveraging innovative technology solutions to shape the future of trade and digital commerce in Africa. As one of the pioneers of digital payment innovation in Africa, Interswitch, at its inception, disrupted the traditional cash-based payments value chain in Nigeria by supporting the introduction of electronic payments processing and switching services. It also launched Verve, Africa’s premier and leading domestic EMV-standard chip and pin payments card scheme.
Since 2021, Verve has controlled more than 50% of the Nigerian card market, courting deepened relationships with banking partners and fintech startups operating in Nigeria. Additionally, a recent change in consumer behaviour and macroeconomic conditions has led more Nigerian banks and fintech startups to issue Verve cards to customers as a locally relevant and reliable alternative. For instance, OPay, one of Nigeria’s largest digital banks, has issued 13 million Verve cards, while Moniepoint has issued about 4 million, further solidifying Verve’s position as a leading card and payment chip provider.
Today, Interswitch is a leading player with critical mass across Africa’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, overarching the company’s drive to facilitate intuitive transaction solutions that enable individuals and communities to prosper across the continent. Interswitch’s broad network and robust payments platform have been instrumental in the development of the payments ecosystem across the continent and provide Interswitch with the infrastructure to expand across Africa.
Commenting on the partnership with the Africa Fintech Summit for this year’s edition, Interswitch Founder & Group CEO, Mitchell Elegbe remarks, “As an Africa-focused integrated digital payments and commerce leader, and an important gateway to Africa’s Fintech Ecosystem, we are extremely delighted to support ecosystem engagement and valuable thought-leadership through the platform of the Africa Fintech Summit. 22 years ago, we set out, with a clear vision to solve social problems, starting by digitizing the use of cash. Today, on the realization of the tremendous transformative potential of technology to create value and unlock prosperity for Africa, we’ve set our sights on leveraging technology and innovation to digitize transactions and unlock value in other key social service sectors, just as we continue to do in the sphere of financial services, and we are excited to see that our roadmap and perspective aptly align with the theme of this year’s AFTS, which is ‘Fintech In Every Industry’.
“It is with immense gratitude and great delight that we welcome Interswitch as Gold Sponsor for the Africa Fintech Summit in Nairobi this year. It’s warming to have Interswitch grace the big stage this year and share detailed insights, trends and expert perspectives as a revered player in the African Payments Space. After 2 decades of building innovative African payment solutions for most payment touchpoints across the continent, we are deeply humbled to have Interswitch’s wealth of experience at this year’s summit. This is particularly important because it fits into our 2024 AFTS in Nairobi Theme: ‘Fintech in Every Industry,’ underscoring our expectation that in the mobile-first continent of Africa, we will see fintech penetrating through all industries. All sectors stand to benefit from being powered and served by fintechs – including insurance, saving & investments, cross-border trade, e-commerce, mobile money & digital banking, utilities, mining, trade, healthcare, and education. We will also see non-fintech companies leapfrogging digitally and providing these services embedded in their own product offerings as many service providers have done across the continent,” said Zekarias Amsalu, Co-Founder of AFTS and MD of Ibex Frontier.
Since its first summit in 2018, the Africa Fintech Summit has become the largest annual financial technology gathering on the African continent. In addition to its partnership with Interswitch, AFTS will be supported by a diverse cohort of partners and sponsors. #AFTSNAIROBI2024 will bring Keynote Speeches from Kenyan policymakers & AfCFTA as well as a VIP dinner for Speakers and invited guests on the night of 04 April; panels, workshops and fireside chats on 05 & 06 September; a delegation from Prosper’s Tech for Trade Alliance along with AfCFTA’s Digital Protocol, Alpha Expo Pitch Competition & Ecosystem tours on the 06th September. The event will conclude with a happy hour for delegates and attendees on both the 5th & 6th of September.
Join Africa’s largest community of financial technology innovators, investors, and regulators at the 12th edition of AFTS coming for the first time to Nairobi, Kenya on September 4-6, 2024. Supported by an advisory board of thought leaders and fintech pioneers, the AFTS is a unique space where ideas are explored, investments are mobilized, and collaborations are formed across sectors and geographies.
More than just a conference, AFTS brings the issues, entrepreneurs, and opportunities revolutionizing finance in Africa to the world’s stage. AFTS has hosted ten previous summits having hosted 5 editions in Washington, DC and 5 more editions in Lagos, Addis Ababa, Cairo, Cape Town, and Lusaka.
Over the past 10 summits, AFTS has supported Over USD 125M in capital raise efforts for African fintech startups, Groundbreaking launch of US-government funded Prosper Africa Tech for Trade Alliance, Public discourse and debate surrounding industry trends, brand building and awareness opportunities across global fintech media, knowledge sharing between banking/fintech operators with regulators, active engagement and inclusion of regulatory authorities in continental fintech conversation, and bring the largest source of truth for announcements of financial technology innovation, and strategic partnerships across the continent and globally.
With an information-packed agenda, AFTSNAIROBI 2024 will feature regulatory roundtables, bilateral meetings, collaborative partnerships, workshops, demos, pitch competitions, ecosystem tours, whitepapers, awards, and plenty of opportunities to collaborate with the investors and entrepreneurs shaping the future of African fintech, and we are glad to have Interswitch at the forefront of these conversations with leading names within the business like Akeem Lawal (MD, Payment Processing & Switching), Jonah Adams (MD, Digital Infrastructure & Managed Services, Peter Kawumi (MD, East Africa) & Bernard Kinara (Country VP, Kenya)
As in the past years, the event will be hybrid, with live streaming provided for remote attendees via our website. Limited tickets to the 12th Edition summit are now available. Secure your passes now on our website: https://www.africafintechsummit.com/.
Cover
How Primate Ayodele Foretold Peter Obi’s Exit From ADC Since July 2025
In early July 2025, when the African Democratic Congress (ADC) was unveiled as the opposition coalition party for the 2027 election, Nigerians were overjoyed.They weren’t just excited for the party, but also for those who made up the party. They were bigwigs from the 2023 presidential election and two major candidates of the opposition; Abubakar Atiku of PDP and Peter Obi of the Labour Party were part of the coalition.Many Nigerians who want the APC out of the way were excited that, for the first time, opposition parties in Nigeria realised it would take unity to remove a strong politician like President Tinubu from power and because in the last election, the combined votes of opposition parties surpassed that of Tinubu, the combination of the two opposition actors was seen as a great force.However, while Nigerians were happy about the coalition, Primate Elijah Ayodele, a renowned prophet who is known for the prophetic position he occupies in global politics and governance, revealed what was to come for the coalition during a press conference.The press conference was held on the 5th of July, to launch his annual prophecy book titled Warnings To The Nations, and during the question-and-answer sessions, he was asked about the fate of the ADC, and his response left everyone surprised.He mentioned that the ADC coalition is good, but the former governor of Anambra state, Peter Obi, would pull out of the party. He stated that the coalition is divine but Peter Obi will pull out. This was barely one week after the coalition was unveiled.These were his words:“The coalition is divine. Only a spell will dismantle the coalition.“Peter Obi will still pull out from this coalition, if care is not taken. If they advise him wrongly to pull out, he cannot win.”“If Obi said he wants to pull out, use Rotimi Amaechi (ex-minister). No other person (sic) will contest, it is Atiku. But the ruling All Progressives Congress (APC) believes they have won the 2027 election with these governors that they are poaching. President Bola Tinubu, you have not won yet; I am giving you a warning now, how you can win, how people will defeat you.“Anything I said, that’s what God said. And I am presenting it that way. So, if you don’t like it, it is in 2027 that you will regret it.”https://thelagostimes.com/2027-election-primate-ayodele-releases-prophecy-on-adc-coalition-says-peter-obi-will-pull-out/Just as Primate Ayodele warned, Peter Obi left the coalition yesterday Sunday to pursue his presidential ambition elsewhere.This fulfilment further shuts the critics of Primate Ayodele; many have said what he does is permutation and analysis but there is no way anyone could have thought Peter Obi would leave the coalition in July 2025, the very beginning of the coalition when the going was at its best. This shows Primate Ayodele remains a formidable and credible prophet for all nations.Likewise, on the issue of Rabiu Kwankwaso, Primate Ayodele has always maintained that he is not fully with the ADC and that he will just be there like a mole.This has been fulfilled too because Kwankwaso left with Obi to NDC, just few weeks after joining.
Cover
Four Times Primate Ayodele Warned About Resurfacing Of Covid-19 In Nigeria (VIDEOS)
Nigerians have been gripped by fear since the report of the COVID-19 variant in Cross River.The Cross River State Ministry of Health has begun profiling and tracing individuals in the state who have been in contact with a Chinese national admitted after testing positive for the COVID-19 virus.Not many people expected this to happen in Nigeria, because since 2020 when the global pandemic happened, there hasn’t been a single case of the virus in the country until yesterday, about five years later.However, despite the fact that Nigeria was declared Covid-19 free, popular Nigerian prophet, Primate Elijah Ayodele, warned about three times that he foresees the virus coming back to Nigeria.In his first prophecy regarding it, he warned that Nigerians should not pray to see Lassa fever and Covid-19 coming back in some areas.“Let’s pray so that we don’t see Lassa Fever again. Let’s pray so that Covid will not come back in some areas”https://vt.tiktok.com/ZS9dYjCMS/This wasn’t given attention by many because it felt Nigeria has been immune to the virus. Everyone went about their business as usual, and in the midst of all that, Primate Ayodele warned intensely again.“Let’s watch this for the World Health Organization, I see airborne disease, Covid in another dimension that can cause cough, cold, air disease, it’s a warning and that’s what the Lord said.”https://vt.tiktok.com/ZS9dj5UL5/This time, he specifically called out the World Health Organization about re-occurrence of Covid; and gave directions regarding how it would happen. He also emphasized that it was what the Lord said, but how many people actually listen?Again, during a church service, Primate Ayodele warned that Covid is coming and will happen in a different way compared to the previous one. He made it known that the way of contacting it will be different from the previous one.“Also, Covid is coming, but the way it’s going to come will be different from the way we experienced it that time. The process of contacting it will be different from the previous one.”https://vt.tiktok.com/ZS9djao7v/Likewise, in his annual prophecy book titled Warnings to the Nations, Primate Ayodele warned that another round of COVID is coming. This book was released in July 2025.“Another round of COVID will come up, and another disease epidemic. I foresee that a lot of money will be spent, and they will face some challenges in getting things right. The workers of this Body will be attacked, and there will be changes in leadership” (Page 36)All of these have fulfilled the prophecies of Primate Ayodele. Beyond the prophecy fulfilment, this is a call to relevant authorities to always listen when God is warning them about anything through his prophet.
Cover
Kwara Monarch Kidnap: Primate Ayodele Warned But They Didn’t Listen
Oba Salman Aweda, his wife and another resident have been kidnapped emidnight invasion of Olayinka community in Ifelodun Local Government Area of Kwara State.He was recently elevated by the state government.The heavily armed gang stormed the palace of at about 1:40 a.m. on Saturday, firing sporadically to scare residents before taking him and two others to an unknown destination.This is the noise we have been making regarding how they treat the prophecy of Nigerian prophet, Primate Elijah Ayodele of INRI Evangelical Spiritual Church.Before now, people used to say Primate Ayodele talks about politics alone but at the moment, his prophecies about insecurity in the country has been top notch; nobody comes close if we are to rank it but it is alarming that people who are supposed to secure people have turned deaf ears.This has repeated itself several times and it seems the time has come for us to ask questions; do our security operatives enjoy hearing the death and kidnap of innocent Nigerians let alone prominent individuals?Before the recent attacks on military base, an ondo monarch, bomb attacks in Borno, attack on church on Easter Sunday, Primate Ayodele specifically warned the security operatives and the government about the impending attacks but they never listened. Now, few weeks ago, Primate Ayodele revealed that next target of terrorist in Nigeria and stated that they are planning to attack some traditional rulers. He even went as far as revealing the states where the attacks would be carried out.These were his words:“Terrorists will start kidnapping traditional rulers in some states that include Kebbi, Niger, Zamfara, Kano, Kogi (Lokoja axis), Ondo, Kwara, Akwa Ibom, Ebonyi and Yobe, with concerns that the threat could also extend to the Federal Capital Territory, Abuja.”The happening in Kwara state has fulfilled this prophetic warning. Obviously our security operatives didn’t do anything about it. Now, how long do we continue like this?
-
Banking and Finance1 day agoFidelity Bank Chairman Amaka Onwughalu wins “Women on Bank Boards” at AWBFA 2026
-
NEWS1 day agoExcitement as Zamfara Under Governor Lawal Begins Airlift of Pilgrims at Zamfara Airport
-
Banking and Finance1 day agoSterling Financial Holdings Sustains Growth Momentum as Assets Cross ₦4 Trillion Mark in Q1, 2026
-
Sports13 hours agoSuperSport Delivers FA Cup Final, Penultimate League Drama Across Europe
-
NEWS1 day agoWema Bank Plc Sets the Record Straight on False and Misleading Publication by NDIC on Legacy Transactions Involving Defunct Gulf Bank Plc
