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General News

Five of the Best Payment Gateways out of Africa

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By Adeniyi Ogunfowoke

As e-commerce on the continent continues to grow in leaps and bounds, payments, side by side with logistics, is something that sellers all over from Cairo to Lagos continue to work hard to figure out. With many economies struggling amidst unfavorable government policies, businesses on the continent are always on the lookout for trusted means to secure transactions coming in and out of their business.

Excellent payment solutions are important because they expand the frontiers of businesses allowing them to serve more customers far and wide. It also improves the customer’s user experience when payment is seamless and without hassles, and is able to go through the challenges of conversion rates, stamp duties, and processing fees, and several other barriers of trade and payment long experienced by buyers and sellers alike in Africa.

#1 Egypt – Vapulus

The Egyptian payment gateway Vapulus is now one of the top 15 payment gateways worldwide, according to Finance Online’s latest ranking, that reviewed the best 74 payment gateway solutions worldwide including Amazon Pay and Paypal, becoming the 1st Egyptian FinTech solution to achieve this prominent rank.

#2 Ethiopia – YenePay

YenePay offers an online payment option for individuals and businesses in Ethiopia by partnering with local financial institutions. Solutions offered by YenePay for individuals and businesses include pay in shops, peer-to-peer wallet transfer, online payments and tracking and invoicing of payments. Founded in 2015, it is one of the more popular payment infrastructures in Ethiopia.

#3 Morocco – PayLogic

Paylogic offers a technology EFT(electronic funds transfer) platform for PoS, Gateways, Acquirers, card processors, etc. It also offers instant card issuing services (both branded and private level). Also offers a mobile phone network for customers, merchants and banks across Africa. The company is active in Morocco, Sudan, Gabon, Senegal, Congo, Bénin, Mali, with a strong network of partners and representatives

#4 Nigeria – SeerBit

SeerBit provides payment solutions in 11 countries on the continent and is determined to double that at the end of the year. Adding to its roster of Nigeria, Ghana, Kenya, Senegal, Cameroon, Burkina Faso, Tanzania, Uganda, Ivory Coast, Benin Republic and Mali. With multiple payment methods created for merchants and individuals, SeerBit is an inclusive and innovative payment gateway that aims to be the household name for payments in Africa. Educational consultants, restaurants, mech-tech services, health, and pharmaceutical delivery companies are some of the types of companies to put their trust in SeerBit’s payment technology for their online payment solutions.

#5 South Africa – PayU

PayU is one of the largest payment providers worldwide and offers a variety of options for business and the largest number of payment methods of any gateway in South Africa. PayU prides itself as a payment solutions company that provides viable payment solutions across the globe in countries where traditional institutions can’t.

What’s the future of Payment in Africa?

With 350 million unbanked in Sub-Saharan Africa the task for fintech companies remains to capture as many more of the population into its system whether through e-wallets or USSD payment systems. The solutions and architecture that traditional banking institutes provide are too mammoth-sized for the new fintech companies to render them redundant overnight, but they can serve as a buffer to bank the unbanked in Africa. As one generation passes away, and another with more proclivity for technology and the amazing things that you can do with it, fintechs must be ready, capacity wise to capture a market that is ripe and ready for the taking.

Traditional banking institutions won’t sit on their oars. But technology is to be bought and sold, and where they can’t compete we expect to see an acquisition of modern fintechs by traditional banking institutions. Whatever happens, the real winners are the millions whom new opportunities are going to be provided for. All 350 million and more of them.


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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

General News

NIN Enrolment Hits 117.3m – NIMC

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National Identity Management Commission (NIMC) has announced that as of February 28, 2025, the number of Nigerians enrolled in the National Identification Number (NIN) database has reached 117.3 million.

NIN Enrolment Hits 117.3m - NIMC

This marks a significant increase of over seven million registrations since September 2024, when the figure stood at 110 million.

Gender and State Distribution

The latest statistics reveal that 56.5% of registered individuals are male, totaling 66.2 million, while 43.5% are female, at 51.07 million.

Among states, Lagos leads with 12.6 million registrations, followed by Kano with 10.2 million and Kaduna with 6.9 million.

This is consistent with the high populations in Lagos and Kano.

Other states with notable enrolment numbers include:

Ogun (4.9 million),

Oyo (4.5 million),

Katsina (4 million).

In contrast,

Bayelsa (758,111),

Ebonyi (990,775),

have the lowest enrolment figures.

The government has been emphasising the need for citizens to link their NIN to access essential services, including social services, financial transactions, and telecommunications.

A well-developed and accessible digital ID system is seen as vital for effective digital governance.

Beyond strengthening security and promoting transparency, this initiative aims to enhance the efficiency of service delivery across the country.


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NITDA, MTN Foundation Collaborate to Boost Digital Literacy

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As part of efforts to reform the economy for sustained and inclusive growth, the Director-General, National Information Technology Development Agency, (NITDA) Kashifu Inuwa, CCIE has called for a collaborative partnership between NITDA and the MTN Foundation to promote digital literacy and capacity building in Nigeria.

Inuwa made this call during a courtesy visit by MTN Foundation delegation, led by Odunayo Sanya, at the Agency’s Corporate Headquarters in Abuja.

The Director-General emphasised the importance of synergy in fostering digital literacy and advancing President Bola Ahmed Tinubu’s agenda of promoting industrialisation to create a dynamic and diverse economic landscape.

He noted that NITDA’s initiative, DL4ALL, aims to achieve 95% digital literacy across the country by the year 2027. “This aligns with the Agency’s strategic pillar of fostering digital literacy and cultivate talents,” he noted.

Inuwa also highlighted NITDA’s dedication to developing a digital literacy framework based on UNESCO and DigiCom standards, adding that the Agency is collaborating with stakeholders to create a three-phase curriculum for primary, secondary, and tertiary institutions, with a focus on prioritising skills over certifications.

The MTN Foundation shares similar goals and currently offers online programmes featuring over 4,000 courses, with 2,000 young Nigerians already registered.

Mr. Sanya commended NITDA’s initiatives and invited the Agency to unveil its academy platform on April 17th of this year.

Both organisations have agreed to establish a committee to efficiently achieve their shared objectives. This partnership is expected to drive digital literacy and capacity building in Nigeria, aligning with the country’s national development agenda.


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MTN Nigeria Takes Go MAD Campaign to The Entrepreneurial Hub of Aba

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MTN Nigeria is set to bring its Go Make A Difference (Go M.A.D) campaign to Aba, Nigeria’s renowned enterprise hub, on Sunday, March 23, at Sugarland, Luxury City Hotel.

This initiative continues MTN’s mission to inspire Nigerians to take deliberate steps toward community development and digital empowerment.

Speaking with the press at the campaign launch, Onyinye Ikenna-Emeka, Chief Marketing Officer of MTN Nigeria, shared the inspiration behind the Go M.A.D initiative. “At MTN, we believe in driving progress, giving our customers the power to rise above challenges and create something extraordinary. The Go M.A.D campaign is rooted in the belief that MTN data gives you the power to take on the world, to achieve the extraordinary, and to make a meaningful difference, in your community, your family, and your workplace. It’s our way of saying: we see you, we support you, and we’re here to make your journey better.”

Following exciting stops in Abuja, Enugu, Calabar, Ibadan, and most recently Benin, the campaign now heads to Aba with a promise to spotlight the city’s rich entrepreneurial spirit and creative talent.

In Aba, attendees can expect a thrilling fusion of technology, entertainment, and culture, with augmented and virtual reality zones, a flash mob, interactive games, special guests and inspiring real-life stories. The event will also feature Kahoot trivia games, a Go MAD puzzle, a pledge wall, and giveaways of MTN-branded merchandise and digital devices.

A highlight of this event will be the Talent Showcase, dedicated to spotlighting Aba’s emerging creatives and innovators. This platform provides local talents the opportunity to share their creative skills and connect with a broader audience.

Set against the backdrop of Aba’s reputation as a powerhouse of local industry and innovation, the event will celebrate individuals, known as Go MAD Icons, who are making a difference through MTN Data by driving social impact, growing businesses, or sharing knowledge digitally. These icons will serve as powerful reminders of what’s possible when creativity meets connectivity.

As with the previous activations in Abuja, Enugu, Ibadan, Calabar and Benin, cultural expression will remain central to the experience, with performances and installations that pay homage to the Igbo culture while encouraging young people to take positive action in their communities.

MTN’s Go MAD campaign is not just a series of events; it’s a national call to action. By merging storytelling, digital experiences, and grassroots inspiration, the campaign continues to engage Nigeria’s youth and highlight how technology can be a force for change.


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