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Omoniyi Kolade, CEO of SeerBit Campaigns for Unified Payment System to Boost Intra-African Trade

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Omoniyi Kolade, CEO of SeerBit
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Omoniyi Kolade, CEO of SeerBit has called for implementation of a Unified Payment System (UPS) throughout Africa in order to promote financial inclusion, ease economic integration, and foster sustainable growth throughout the region.

Omoniyi Kolade, CEO of SeerBit

Kolade made the call during a media parley session at SeerBit office on Thursday, in Lagos.

According to him, Africa’s financial ecosystem is characterized by a plethora of payment systems, each operating in isolation, he added that this fragmentation hampers cross-border trade, increases transaction costs, and limits the efficiency of financial services.

“With 54 countries and multiple currencies, the complexity of financial transactions often deters businesses and individuals from engaging in cross-border activities.

“A UPS would streamline these processes, making transactions seamless and more cost-effective,” he advised.

For the meantime, the CEO disclosed that SeerBit has come up with payment solutions for the 54 countries in Africa, with 54 different currencies. “We have come up with payment options for these markets to ensure that customers are not differentiated and that they have several payment options.” he added.

On security, Kolade said SeerBit had put in place robust security features that ensure customers’ funds are safe. “We are Payment Card Industry (PCI) compliance certified,” he stated.

Speaking on the goal of SeerBit, Kolade said, “Our goal is to make businesses grow and keep growing. We are not just creating payment solutions; we are also ensuring that your businesses grow as well. We want to build a platform that actually supports everything that has to do with value movement in the market, and we build products to actually meet different stakeholders in different markets.”

In the same vein, the product marketing manager, SeerBit, Uju Akinlolu, disclosed that SeerBit operates in over 10 African countries, adding that the payment platform enables the use of all the relevant local payment methods, with collections and payouts in local African currencies, and facilitating cross border settlement in currency of choice.

“With a single API Integration, you seamlessly expand into over 10 African countries allowing you to grow your business operations. With strategic partnerships, zero tolerance for error and stern compliance practices, we work to ensure seamless transactions.

“Our customers are at the heart of our operations and we work closely with you to ensure the highest level of customer satisfaction. Our solutions are built for flexibility, so they can power any payment process and integrate into any Enterprise resource planning (ERP) systems,” Akinlolu further disclosed.

SeerBit is a payment gateway which helps businesses in Africa collect and manage payments to unlock latent potential and provide value to their customers.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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Apple Faces €150M Fine in France Over Alleged Antitrust Violations

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French antitrust regulators have fined Apple 150 million euros ($162 million) over its App Tracking Transparency (ATT) feature, which is facing scrutiny in multiple European countries.

The French Competition Authority ruled that Apple’s implementation of ATT was “neither necessary nor proportionate to the company’s stated goal to protect user data” and unfairly penalized third-party publishers.

Alongside the financial penalty, Apple has been ordered to publish the decision on its website for seven days. The ruling comes amid ongoing investigations in Germany, Italy, Romania, and Poland into ATT, which Apple introduced in 2021 as a privacy safeguard.

ATT requires apps to obtain explicit user consent via a pop-up before tracking activity across other apps and websites. If users decline, the app loses access to their advertising identifier, limiting targeted advertising. Critics argue that the system disproportionately benefits Apple by restricting competitors while promoting its own advertising services.

The French watchdog found that ATT forces users to navigate excessive consent windows for third-party apps on iPhones and iPads, making the process unnecessarily complicated.

Additionally, Apple’s system requires users to opt out of ad tracking twice rather than once, which the authority said undermines the feature’s neutrality and causes economic harm to app publishers and ad service providers.

The ruling emphasized that smaller publishers, which rely heavily on third-party data collection for revenue, are particularly affected.

The French regulator initially declined to impose emergency measures in 2021 after complaints from the advertising industry, but continued its investigation, ultimately leading to Monday’s decision.


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Cassava and Microsoft Boost Youth Employment in Green Tech

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Pan-African technology company Cassava Technologies, in a strategic collaboration with Microsoft, has launched a community engagement initiative focused on South Africa.

Cassava

Through this initiative, the two organisations will establish training hubs for youth in the local communities that will help spur employment opportunities in the renewable energy industry.

By prioritising renewable energy skills development, energy efficiency, and community microgrids, the initiative will empower the next generation to lead in the transition to clean energy. Activities will be focused in Johannesburg and Cape Town, where Cassava and Microsoft operate.

The project’s training hubs will play a vital role in equipping Africa’s women and youth with the skills they need to thrive in the renewable energy industry and ensure that the benefits of the energy transition are realised by all.

Cassava Technologies, through its renewable energy company and co-location companies, will be a key player in this collaboration. Their local renewable energy expertise will ensure that the initiative delivers tangible benefits linked to clean energy jobs and projects to the communities that are involved.

Through this initiative, Cassava and Microsoft are supporting community engagement and sustainable development in the region and across the continent, which lays the groundwork for expansion into other African markets.

Finhai Munzara, Chief Corporate Development Officer of Cassava Technologies, said, “We are honoured to collaborate with Microsoft on this project, which ensures that we bring all Africans along as we transition to a digitally connected future using sustainable energy. By leveraging our technological expertise, on-the-ground experience, and Microsoft’s global reach, we are poised to make a lasting, positive impact on South African communities.”

“We are pleased to work with Cassava to support climate initiatives in South Africa that enhance local communities, ensuring that those all have the tools to thrive,” said Markus Swart, Director of Data Centre Operations in South Africa at Microsoft.


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MTN, Lynk Global Make Africa’s First Satellite-to-Mobile Call

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MTN South Africa, in partnership with Lynk Global, has successfully conducted Africa’s first satellite-to-mobile phone call touted as a groundbreaking development.

MTN, Lynk Global Make Africa’s First Satellite-to-Mobile Call

This historic trial, conducted in Vryburg, North West province, marks a major step toward bridging connectivity gaps in underserved and rural regions across the continent.

The test involved making a voice call using a standard smartphone connected via a low-Earth orbit (LEO) satellite.

This innovative approach eliminates the need for traditional network infrastructure, providing a viable solution for remote areas with limited or no mobile coverage.

According to Charles Molapisi, CEO of MTN South Africa, this initiative aligns with the company’s broader strategy to extend network coverage to hard-to-reach areas.

“This achievement demonstrates our commitment to leveraging cutting-edge technology to ensure connectivity for all, regardless of location,” Molapisi stated.

The trial also assessed SMS capabilities over the LEO satellite connection, proving the technology’s potential for widespread application.

With successful implementation, satellite-to-mobile communication could revolutionise telecommunications in Africa, enabling digital inclusion and economic opportunities in regions previously disconnected from mainstream networks.

This milestone underscores the growing role of satellite technology in Africa’s telecommunications landscape.

By integrating satellite solutions with existing mobile networks, MTN and Lynk Global aim to provide seamless connectivity that overcomes traditional infrastructure challenges.

 

 

 


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