Nigerian Paga absorbs Apposit LLC and targets the Ethiopian market

Nigerian Paga absorbs Apposit LLC and targets the Ethiopian market

The Nigerian mobile payment solution buys its export software developer. It is now targeting Ethiopia and facing up to an increasingly competitive sector.

Someone shares this article with you
            ▪ Nigerian Paga absorbs Apposit LLC and targets the Ethiopian market

▪ The Nigerian mobile payment solution buys its export software developer. It is now targeting Ethiopia and facing up to an increasingly competitive sector.

https://www.africabusinessplus.com/en/802649/nigerian-paga-absorbs-apposit-llc-and-targets-the-ethiopian-market/

Although the purchase amount has not been disclosed, Apposit LLC and Paga have already been working together since 2009, the year Paga was founded. Eric Chijioke, managing partner at Apposit, has been chief technology officer at Paga since 2011. Apposit LLC developed the IT systems used by the Nigerian fintech company.

This article is for subscribers only. To read more, subscribe with a special offer.

You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

New technologies

21/08/2020 at 11h55, by Aurelie Benoit, updated 26/08/2020

Flutterwave in discussions with SG, Coris and Citibank for its new Côte d’Ivoire market

The Nigerian payment fintech has just registered its subsidiary in Abidjan, and is testing the waters...

Telecoms

29/11/2019 at 16h45, by Quentin Velluet

Nawal Gharmili Sefrioui to head Orange Money Morocco

The French telecoms operator, which is due to launch its mobile payment system in the first quarter...

Industry

26/11/2019 at 15h19, by Pierre-Olivier Rouaud

French automotive parts manufacturer GMD opens a fifth plant in Morocco close to Renault

The €22m investment by Sealynx allows GMD to expand production of rubber seals for automotive manufacturers...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com

Add AB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add AB+ on the home screen.

3. Enter the name of the shortcut and confirm.