Tag Archives: Cash Flow

AMA, Business, Technology

XTransfer’s CSO Speaks at Inclusive FinTech Forum 2026 in Rwanda

MaraviPost

KIGALI, Rwanda, 18 March 2026 -/African Media Agency(AMA)/ – XTransfer, the world’s leading B2B cross-border financial platform, was honoured to have its Chief Strategy Officer, Neil Ni, speak at the Inclusive FinTech Forum 2026 in Rwanda, underscoring the company’s growing expansion across Africa to deliver more inclusive financial services for SMEs engaged in international trade across the continent.

XTransfer’s CSO, Neil Ni (Left), speaks at the Inclusive FinTech Forum 2026 in Rwanda.

Neil joined the panel discussion, “Securing the Global Payments Highway: Cybersecurity for Real-Time Cross-Border Transactions” during the forum to share perspectives on how the industry can strengthen cybersecurity, anti-money laundering (AML) controls, and operational resilience as cross-border payments scale in speed and volume.

Drawing on XTransfer’s experience supporting SMEs in international trade, Neil noted that traditional B2B cross-border payments often pass through multiple correspondent banks, creating complex procedures, settlement delays and high costs that can strain SME cash flow. He shared that transfers can take several days to settle, and fees can materially impact businesses operating on tight margins, sometimes pushing SMEs toward unlicensed channels that raise compliance and transparency risks.

“As the industry scales, the challenge isn’t only transaction volume, it’s speed and trust,” Neil said. “To keep legitimate trade moving safely, risk and compliance must become more intelligent, consistent, and scalable.”

Neil shared that AI is now foundational to XTransfer’s risk and compliance capability. He highlighted TradePilot, XTransfer’s self-developed large language model (LLM) tailored for the global foreign trade financial sector, which helps identify suspicious patterns earlier, prioritise alerts, reduce false positives, and support more consistent decisions across markets, strengthening AML and compliance at speed.

Neil also discussed XTransfer’s accelerating expansion in Africa, noting more than 300% growth in the region in 2025 as SMEs seek faster and lower-cost ways to manage cross-border trade payments. He added that XTransfer is focused on working with ecosystem partners and regulators to support safer, more standardised cross-border information flows, one reason XTransfer is building X-Net, the industry’s first Unified Global B2B Trade Settlement Network and Risk Control Platform, to enhance interoperability and shared security standards across payment rails.

“Building resilience requires collective effort,” Neil added.

Distributed by African Media Agency (AMA) on behalf of Xtransfer

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AMA, Business

Yango Group announces strategic investment in the Kenyan fintech platform Zanifu to boost SME growth in Africa

MaraviPost

NAIROBI, Kenya, 13 October 2025-/African Media Agency (AMA)/-Yango Group, a UAE-based tech company, has announced a new investment in Zanifu, a leading Kenyan fintech platform that provides access to working capital for small and medium-sized enterprises (SMEs). In addition to funding, Yango Group will support Zanifu in shaping its long-term business structure and growth strategy — drawing on the Group’s operational experience across more than 30 markets. The investment underscores Yango’s commitment to supporting the growth of high-potential startups in Africa.

Zanifu has established itself as a vital enabler for small businesses by offering embedded lending solutions that help SMEs purchase inventory, manage cash flow, and scale sustainably. The company has already financed 15,000 SMEs, disbursing tens of millions of dollars in loans, and continues to demonstrate the transformative role of fintech in empowering local economies.

“Zanifu is working on exactly what we care about — building tools that help other businesses grow. By giving thousands of SMEs real access to capital, the team is enabling them to expand and succeed. We’re excited to bring our experience and expertise to help scale a business that’s delivering real impact to local communities.” said Daniil Shuleyko, CEO of Yango Group.

The investment was made through Yango Ventures, a corporate venture fund that was launched earlier this year with an initial $20 million fund targeting early-stage startups across Africa, LATAM, and MENAP. The fund focuses on high-growth sectors such as O2O services, B2B SaaS, and FinTech, offering not just investment but also access to Yango’s global expertise, networks, and operational support.

The Zanifu investment marks a significant step for Yango Ventures, strengthening its role as a catalyst for innovation and economic empowerment in Africa’s dynamic startup ecosystem.

Distributed by African Media Agency (AMA) on behalf of Yango Group.

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AMA, Business

SAP’s AI-Powered Business Suite Ends the Best-of-Breed Era

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SAP reimagines enterprise AI with role-based assistants in Joule that coordinate agents across lines of business

LAS VEGAS, USA, October 7th, 2025-/African Media Agency(AMA)/- At its inaugural SAP Connect event, SAP SE (NYSE: SAP) showcases how the integration of AI, data and applications creates unparalleled business value. These breakthroughs – including a new network of role-based assistants in Joule that partner with humans to elevate performance, an expanding data ecosystem that drives deeper insights, and supply chain software that anticipates disruptions – once again revolutionize how business gets done.

“To thrive when volatility is the new normal, businesses need more than a patchwork of disparate best-of

breed applications,” said Muhammad Alam, member of the Executive Board of SAP SE, SAP Product &

Engineering. “Our announcements today demonstrate the power of SAP Business Suite, where AI, data, and applications come together in an experience to propel smarter decisions, faster execution, and scalable transformation.”

AI that Partners With People

SAP unveils Joule’s next stage as the AI force at the center of SAP Business Suite’s value creation. Drawing on the applications and data from across SAP Business Suite, SAP is introducing a new generation of role-aware assistants in Joule. Each assistant is designed to partner with a human being in their specific business role. Assistants in Joule tap into the right agents for the job, configuring, orchestrating and managing them so humans can focus on unlocking new levels of insight and productivity.

Supporting the assistants in Joule is a growing library of specialized Joule Agents, designed to help execute complex workflows within a specific function. For instance, a People Manager Assistant coordinates a team of specialized agents – including the new People Intelligence Agent, which helps spot and resolve issues like compensation anomalies – to support managers as they drive performance. A new Financial Planning Assistant will be aided by a group of expert agents – including the new Cash Management Agent, which optimizes cash flow and improves interest yields – to help finance professionals drive efficiencies. This new roster of role-aware AI Assistants not only partner with people to elevate performance in their lines of business but also work together across business functions to solve complex enterprise-wide problems.

Data that Defies Boundaries

Data fuels AI’s transformative power but it’s often siloed in different systems. At SAP Connect, we are

removing those barriers with SAP Business Data Cloud Connect. SAP BDC Connect securely links SAP BDC with partner platforms to enable a bidirectional flow of business-ready data products across organizational and technological boundaries.

With zero-copy sharing, data stays securely in SAP systems yet remains instantly accessible in customers’ existing data platforms, preserving business context without costly copies. The result: fewer silos, simpler pipelines, no duplication – just trusted data products where and when they’re needed.

SAP also announced that Databricks and Google Cloud are the first partners enabled for SAP BDC Connect, with more to follow. As announced in February 2025, SAP Databricks remains a data service within SAP Business Data Cloud, and BDC Connect extends its benefits across an open data ecosystem. These partnerships give customers faster access to data products for analytics and AI, helping teams move from raw data to real-time business outcomes with greater speed and simplicity.

Applications that Turn Data into Action

At the heart of SAP’s unique value proposition are enterprise applications where data is created and AI

driven insights are experienced. SAP Supply Chain Orchestration is a new AI-native solution that combines the power of Joule with a live knowledge graph to detect real-time risks several suppliers deep and orchestrate a coordinated response, helping customers cut costs and keep supply chains moving. SAP Engagement Cloud, a new customer experience solution, uses business-critical context to personalize interactions across customers, suppliers and other stakeholders. And our next-generation SAP Ariba procurement suite stands out as an AI-native solution, bringing intelligence to every stage of spendmanagement, from sourcing through supplier engagement.

Altogether, these SAP Business Suite innovations mark the beginning of a new era powered by self

reinforcing AI, data, and applications that drive intelligence, speed, and resilience.

Visit the SAP News Center. Get SAP news via LinkedIn and Bluesky.

Distributed by African Media Agency (AMA) on behalf of SAP Africa.

Visit the SAP News Center. Follow SAP on Twitter at @SAPNews.

About SAP

As a global leader in enterprise applications and business AI, SAP (NYSE:SAP) stands at the nexus of business and technology. For over 50 years, organizations have trusted SAP to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit www.sap.com.

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AMA, Technology

Telecom, Fintech Leaders Agitate for Strategic Partnership and Inclusive Policies at WATISE 2025

MaraviPost

LAGOS, Nigeria, 8 September 2025/African Media Agency (AMA)/- The 2025 edition of the West Africa Telecommunications Infrastructure Summit & Exhibition (WATISE) has ended in Lagos with a strong call for governments, regulators, and industry players to deepen collaboration, protect telecom infrastructure, and prioritise inclusive digital access across the region.

The event, held at the Radisson Blu Hotel, Lagos, brought together critical stakeholders from the telecommunications, technology, and financial services sectors under the theme “Digitalising West African Economy: Navigating Challenges and Opportunities for Critical Stakeholders.”

In his address, Engr. Gbenga Adebayo, Chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), said the telecom sector in West Africa is witnessing renewed growth, with investments at their highest since before the COVID-19 pandemic. 

He noted that telecoms remain the backbone of the digital economy, enabling banking, fintech, telemedicine, education, commerce, and emergency services across the region.

Adebayo, however, warned against vandalism, multiple taxation, and Right of Way restrictions that continue to stifle expansion. He commended the Federal Government’s ongoing tax reforms, set to reduce over 56 levies by January 2026, and urged states across West Africa to create enabling conditions for faster digital rollout.

In his goodwill message, the President of the Association of Telecommunications Companies of Nigeria (ATCON), Mr Tony Emoekpere said that , the next ten years will define West Africa’s place in the global digital economy stressing ‘If we build the infrastructure, harmonize policies, and encourage collaboration, we will unlock unprecedented economic growth, create millions of jobs, and give our young population the tools to compete globally.

He noted that investors must recognize that while risks exist, the upside of digital West Africa is unmatched saying that this is a frontier market with the potential of doubling its digital economy contribution to GDP within a decade.

Dr. Nnenna Achife, Head Commercial Business, Business Development, AfriGo Payment Financial Services Limited, speaking on one of the lead presentations, Leveraging Connectivity And Technology To Transform Card Payment System In Africa, revealed how AfriGO is powering card payments through technology and inclusion.

He AfriGo has helped to reduce operating expenses through transparent pricing and billing settlement in local currency as well as support welfare and social Intervention programs via providing access to government social intervention programs.

She added that AfriGo has been supportive of Instant merchant credit and same-day settlement ensure steady cash flow for business operations including promoting cashless economy by encouraging the adoption of affordable electronic payments options, which are (cards).

Achife said that AfriGo is instrumental for the enhanced offline payment to support authorisation where there is limited or unreliable internet access, saying that the Embedded NIBSS Quick Response Code (NQR) has been formidable for the for P2P & P2M payment and collection capabilities.

And in his keynote speech, Mr Adewunmi Adesina, Managing Director of Trade Lenda, the digital bank for SMEs said that there are opportunities for Stakeholders to unlock the full potential of digitalisation, we must act collectively but that Governments must invest in infrastructure and harmonise digital policies across ECOWAS.

He called for private sector players collaboration to build scalable platforms that serve the underserved adding that development Partners must support capacity-building and digital inclusion programs.

Adesina said entrepreneurs must continue to innovate boldly, solving local problems with global ambition saying that at “Trade Lenda, we are proud to be part of this movement providing micro and small businesses with access to credit through digital channels, enabling them to grow sustainably.”

Jameelah Sharrieff-Ayedun, Vice President of FintechNGR and MD/CEO of CreditRegistry, cautioned against the risk of “digital apartheid,” where millions of Africans remain excluded as “digital ghosts” from the formal economy. 

She stressed the need for inclusive access to data and credit through innovative use of alternative data sources such as mobile usage and e-commerce, warning that failure to act could turn Africa’s youthful population into a lost economic opportunity.

A fireside chat led by the Chief Executive Officer of WTES Project Limited, Mr Chidi Ajuzie and panel session led by a robotic engineer, Mrs Racheal Anorue highlighted the pressing challenges of rising USSD costs, poor connectivity, and risks faced by mobile agents. Panelists agreed that stronger collaboration, public sensitisation, and technology-driven infrastructure security are key to driving financial inclusion and lowering transaction costs.

At the close of the summit, participants called for:

  • Protection of telecom infrastructure against vandalism.
  • Harmonised and enabling policies across ECOWAS states.
  • Urgent steps to reduce the cost of USSD and digital transactions.
  • Greater investment in workforce training and digital security.
  • Regional collaboration to unlock West Africa’s trillion-dollar digital economy potential.

The summit concluded with optimism that with sustained investments, regulatory reforms, and inclusive strategies, West Africa’s telecom and fintech sectors are well-positioned to drive economic transformation across the sub-region.

Distributed by African Media Agency on behalf of WATISE

MEDIA CONTACT: 

Timorigba Ajayi

events@watise.com.ng

watisenigeria@gmail.com

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Business

Money Advise: Maintaining Cash Flow After Retirement

Maravi Post Reporter

By Burnett Munthali

Malawi GDP
Malawi has the lowest GDP per capita (in USD) of the 26, 2016 FDIP countries

Retirement refers to the time of life when you choose to permanently leave the workforce behind. Old-age pension in Malawi is at age 50; or at any age if permanently emigrating or with at least 20 years of contributions. Employment must cease. Early withdrawal: At any age if unemployed with no contributions in the last six months, but new laws have been amended to allow the unemployed in the last three months. Disability benefit: Must be assessed with a total permanent incapacity for work.

I personally believe that working beyond the age of 50 years is more beneficial to the individual as it increases income and investment. The idea of retiring at the age of fifty and having nothing to do thereafter  is not healthy economically for the person. I recommend working or creating other sources of income and investment after retiring at age 50.

There are many disadvantages of early retirement. They include outliving your savings. You could lose some social security benefits. You might incur early withdrawal penalties on your retirement accounts. Loss of employer health insurance. Boredom. Increased risk of cognitive health issues.

The traditional retirement age is sixty-five in the United States and most other developed countries, many of which have some kind of national pension or benefits system in place to supplement retirees’ incomes.

Delaying retirement is a smart move. Your savings will have more time to potentially grow. The later years of your working life are typically at your highest income level because you are at the top of your career. Your social security benefits will increase.

How do you maintain cash flow after retirement? Look for a provider that offers options to easily transfer money from your retirement accounts into your cash account. Some firms offer periodic withdrawals to help you create a “just-in-time” income stream and allow remaining assets to produce potential earnings until you need more cash.

Despite the ability to access retirement accounts, many experts recommend that retirees keep enough cash on hand to cover between six and twelve months of daily living expenses. Some even suggest keeping up to three years’ worth of living expenses in cash. Your emergency fund must be easy for you to access at any time.

 Buy Income-Producing Investments

As a retiree, you will no longer have a regular monthly income from a job. To replace this income, consider investing at least a portion of your money into income-producing stocks, mutual funds, exchange-traded funds, or bonds.

What does cash flow mean in retirement? Expenses may include fixed and discretionary expenses, taxes, and anything else that may impact outflows of money. ​ A positive cash flow means that a retiree’s income is stable, or better, while a negative cash flow means a retiree’s income could be thinning out and is at risk.

 Conclusion

The following are ways to ensure you do not run out of money in retirement.

1) Save More.
2) Spend Less (at Least Sometimes)
3) Only Spend Income.
4) Spend Your Legacy.
5) Earn Money in Retirement.
6) Delay Social Security.
7) Get a Pension.
8) Buy Longevity Insurance.