Africa Reports

List of all articles filed under “africa-reports” category.

Behind the Scenes of Africa’s Digital Finance: Virtual Pay’s White-Label Strategy for Banks and Financial institutions

May 9, 2025

In this section of the interview with David Morema, CEO of Virtual Pay, he explains why the company has been cautious about extending its services to the retail market. Morema highlights that the primary challenge lies in client acquisition and market penetration, which can be both resource-intensive and slow when targeting individual consumers.

Instead, Virtual Pay has chosen to focus on its core clientele: banks and larger financial institutions. According to Morema, this strategic focus enables the company to maximize its impact by providing seamless, white-labelled payment solutions that these institutions can offer to their own clients. He emphasizes that Virtual Pay does not view itself as a competitor to banks and financial institutions. Rather, the company positions itself as a collaborator and partner, enhancing the financial ecosystem by helping banks deliver cutting-edge payment services under their own brand.

This approach, Morema explains, not only aligns with Virtual Pay’s strengths but also allows for scalable growth and sustained innovation within the financial services sector.

B5 Plus Ghana: Leading Steel Manufacturer Transforming West Africa’s Construction Industry

April 23, 2025

In this insightful interview, Lalit Hemnani, Director of Sales and Marketing at B5 Plus Ghana, sheds light on the company’s pivotal role as a leading steel manufacturer and supplier in West Africa. He discusses B5 Plus’s diverse product offerings—including high tensile steel, galvanised and stainless steel, iron rods, and prefabricated structures—and explains how the company supports major infrastructure projects such as the Accra Mall, Tetteh Quarshie Interchange, and mining operations across Ghana and the ECOWAS region. The conversation highlights B5 Plus’s commitment to quality, on-time delivery, and customised fabrication for clients in Ghana, Ivory Coast, Senegal, and beyond. Hemnani also outlines their digital transformation strategy, emphasizing the use of AI-powered sales tools, B2C e-commerce platforms, and social media marketing to boost visibility and engage new markets. The interview further touches on B5 Plus’s dedication to sustainability, through solar-powered production, and CSR initiatives, including free oxygen supplies during the COVID-19 pandemic and community welding training programs.

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