Flingpord

  Visa  has announced a $1bn investment spread across five years in Nigeria and other African countries. It stated that its pledge which is set to run through 2027 will allow it to scale operations, deploy new innovative technologies and deepen collaboration with partners including governments, financial institutions, mobile network operators, fintechs, and merchants. Visa Chairman and Chief Executive Officer, Alfred Kelly, Jr. made this commitment during the US-Africa Business Forum on Wednesday. He said, “Visa has been investing in Africa for several decades to grow a truly local business, and today our commitment to the continent remains as firm and unwavering as ever. “Every day, Visa supports digital commerce and money movement in every country across the continent, and Africa remains central to Visa’s long-term growth plans. We look forward to continuing to work closely with our partners to advance the financial ecosystem, accelerate digitization and to build resilient, ...