General News
ICTs Set to Transform Smallholder Farming

Smallholder farming, which is the backbone of many African economies, is set to be transformed by a combination of investment and increasing access to information and communication technologies (ICTs), particularly mobile phones.
The claim was made Tuesday by Michael Hailu, director of the Technical Centre for Agricultural and Rural Cooperation (CTA) at ICT4Ag, a major conference on ICTs in agriculture.
“On this continent, 65 per cent of the workforce is employed in agriculture and the sector generates 32 per cent of GDP. Smallholder farmers, mostly women, produce 80 per cent of Africa’s food. African countries spend up to $50 billion a year on food imports. With abundant land, water and cheap labour, there is no good reason why Africa should import so much food.
“Yet there’s good reason to be optimistic. After years of neglect, governments and the private sector are increasing investments in agriculture. Nevertheless, to achieve its full potential, smallholder agriculture must be transformed from a subsistence activity to a profitable, sustainable business. ICTs play a vital role in this transformation. They provide timely advice and information. They help farmers increase productivity. They make markets more efficient. And they increase incomes along the value chain”.
The CTA Director said, “the phenomenal growth in the number of mobile phone subscribers in Africa in recent years shows that change was on the way. In 2000, there were just 16.5 million mobile subscriptions in Africa. Now, there are over 650 million. Indeed, the number of people on the continent with access to mobile phones exceeds the number with access to clean water, electricity or a bank account”.
Mr Hailu was speaking at ´ICT4Ag: The Digital Springboard for Inclusive Agriculture´ Conference, which is being organised by CTA, the Rwandan Ministry of Agriculture and Animal Resources (MINAGRI) and the Ministry of Youth and ICTs (MYICT).
The conference is taking place in Rwanda, a country where 80 per cent of the working population are employed in agriculture but where the government of President Paul Kagame has also invested heavily in agriculture and ICTs as part of its ‘Vision 2020’ agenda to turn Rwanda into a middle-income country.
Last week, the Rwandan Government announced that a new network will provide high-speed broadband access to 95 per cent of the country’s population within three years.
Rwandan ministers attending the conference shared the upbeat mood. Dr. Agnes Matilda Kalibata, Rwanda’s Minister of Agriculture and Animal Resources, reminded the audience of the significance of agriculture in poverty reduction: “Agriculture is a low hanging fruit for poverty reduction. With 40 – 65% employment in this sector in ACP Countries, any investment will have a huge impact on the economy”.
She also emphasized the importance of ICT in transforming agriculture.
“Rwanda has committed to transforming the country through ICT. Information and communication technologies (ICTs), social media, Web 2.0 and mobile applications are changing the face of agriculture and rural development in many countries. The use of mobile devices is transforming the communication landscape through dissemination and sharing, and is changing the way we do business. This conference presents an opportunity for participants, Rwandans in particular, to harness the use of ICTs in agriculture and is very much in line with the national vision of making Rwanda an ICT hub in the near future”.
Participants at the ICT4Ag conference – including agricultural experts, farmers, young innovators, ICT companies and government officials – are focussing their attention on improvements to agriculture that can be brought about by technological innovation, capacity building and creating enabling policies and infrastructure.
Key issues for discussion are the role of youth and the encouragement of entrepreneurship; the inclusion of farmers in decision-making, information and crowdsourcing; and connectivity.
The Hon Jean Philbert Nsengimana, minister of Youth and ICT of Rwanda, said: “This day is a culmination of more than 10 years of consistent investments in ICT4D policy and strategy formulation, infrastructure development, mobile penetration, education and value added services development in parallel with agriculture modernisation efforts”.
Ambassador Valentine Rugwabiza, CEO of the Rwanda Development Board, also a Cabinet member, highlighted the synergies between ICT and investment and also emphasised that indeed ICT is only a tool whose importance will be derived from how well it is used.
Michael Hailu stressed, however, that a major part of the key to securing the potential benefits of ICTs and investment in African agriculture was likely to be the extent to which countries are successful in harnessing the creative input of two key sectors: young entrepreneurs and women.
“Access to ICTs is not uniform”, he said, “and there is a digital divide. There is a significant gender imbalance, with men having better access to ICTs than women. And rural areas are significantly underserved compared to cities”.
He described the importance of young people as “pivotal”.
“Young people have the greatest aptitude for using ICTs, whether it’s to communicate or develop new apps to improve agricultural productivity or access faraway markets. Africa’s youth must therefore play a pivotal role in the transformation of smallholder agriculture.
“ICTs – in particular mobile devices – have opened up unprecedented opportunities for agricultural and rural development. This development can offer a bright future for millions of women and men who derive their livelihood from farming and other forms of rural employment. Farmers, even in the remotest locations, can easily and readily access vital information on weather, market prices, pests and diseases as well as input prices.
“It is not just about linking farmers to markets or creating employment opportunities for young people. Social media also provide a platform for rural communities to contribute to policy-making”.
More than 500 participants from 63 countries, including from Caribbean and Pacific islands, are attending the conference.
General News
Pawnith Appoints Martina Ogbebor as Managing Director to Lead Strategic Launch into Nigeria’s Fintech Ecosystem

The Board of Directors of Pawnith Limited has announced the appointment of Martina Ogbebor as Managing Director and Chief Executive Officer. The appointment coincides with the official launch of Pawnith as a sophisticated new entrant in Nigeria’s financial services and alternative investment landscape.

Pawnith Limited is a technology-enabled financial services platform established to address critical gaps in access to capital by delivering transparent, dignified, and scalable financing solutions.
The Board confirmed that Ms. Ogbebor’s appointment is central to a long-term strategy that combines the operational rigor of traditional finance with the speed, efficiency, and innovation of modern fintech.
Ms. Ogbebor brings over 15 years of senior leadership experience across the telecommunications and digital infrastructure sectors, where she has led brand transformations and nationwide revenue growth initiatives.
Her appointment signals Pawnith’s intent to build a high-trust financial institution anchored on strong governance, regulatory discipline, and long-term value creation.
“The Board is confident that Martina’s experience in building high-trust, regulated brands positions her uniquely to lead Pawnith at this critical stage,” said the Chairman of the Board.
“Her mandate is clear: to establish a disciplined capital platform that delivers rapid access to funding while upholding the highest standards of ethics, risk management, and corporate governance.”
Under Ms. Ogbebor’s leadership, Pawnith is launching a multi-segment capital model designed to evolve into a comprehensive financial services and alternative investment ecosystem.
The company’s initial portfolio spans personal credit solutions, offering short- to medium-term loans for salaried professionals with transparent pricing and rapid disbursement, alongside SME and business lending focused on working capital and growth financing to help entrepreneurs stabilise cash flow and scale operations.
The portfolio also includes asset-backed lending, providing secure, collateralised facilities that support fair valuations and flexible liquidity, as well as structured lending through a forthcoming private credit arm aimed at delivering institutional-grade financing to growing enterprises.
In addition, Pawnith offers private equity investment solutions, providing strategic growth capital to select businesses and partnering with founders to drive long-term value creation, stronger governance, and operational scale.
Pawnith’s digital infrastructure prioritises speed, security, and control. The platform features secure onboarding, automated Know Your Customer (KYC) verification, and structured repayment tracking to ensure a seamless and compliant experience for both individual and corporate clients.
“Pawnith is being built as a disciplined financial platform—one that customers, partners, and regulators can trust,” the Board added. “We are not a quick-win lender; we are building a cornerstone institution for Nigeria’s evolving credit and investment market.”
General News
PalmPay Deepens Its Long-Term Commitment in Nigeria with New Office @ Yaba

PalmPay has opened a new office at 33 Old Yaba Road, Lagos, reinforcing its commitment to innovation, customer service, and operational growth in Nigeria.

The new office represents a continued investment in PalmPay’s people, operations, and infrastructure, supporting the company’s ability to deliver reliable financial services at scale. Designed to accommodate PalmPay’s growing team, the workspace enables closer cross-functional collaboration while strengthening service delivery nationwide. Located in Yaba, one of Lagos’s most established commercial and technology corridors, the office further anchors PalmPay within Nigeria’s innovation and financial ecosystem.
Speaking at the office launch, Managing Director Chika Nwosu highlighted that the new workspace reflects PalmPay’s long-term vision and dedication to excellence. “This new office represents an important step in our growth journey and our commitment to building secure, reliable, and inclusive financial solutions for our users,” he said.
The launch event was attended by PalmPay’s leadership team, employees and customers, who toured the facility and marked the company’s continued growth and progress.
With the opening of its office at 33 Old Yaba Road, PalmPay continues to strengthen its presence in Nigeria and reaffirm its mission to drive financial inclusion through innovative digital solutions.
PalmPay is a leading digital banking platform driving financial inclusion and economic empowerment in underserved emerging markets. Through its secure, user-friendly, and inclusive suite of financial services, PalmPay empowers individuals and businesses with tools to manage and grow their money.
PalmPay offers a comprehensive range of products, including mobile payments, savings, and micro-insurance via its app and mobile money agent network.
Since launching in Nigeria in 2019 under a Mobile Money Operator license, the platform has grown to over 35 million app users and processes up to 15 million transactions daily. PalmPay has operations in Nigeria, Ghana, Tanzania, and Bangladesh.
General News
NAHCO Signs New Ground Handling Deals

The Nigerian Aviation Handling Company Plc has announced the signing of a chain of contracts with major airlines for the provision of total handling solutions.

In a statement on Tuesday, the company announced the signing of contract renewals with Air France, KLM and Virgin Atlantic, as well as the African operator, RwandAir.
NAHCO also signed fresh contracts with United Nigeria – Regional, Bellagio and Malaikair.
According to the statement, the contracts with Air France and KLM are for three years and will run till 2028, respectively. The duration of the contract with Virgin Atlantic was also put at three years.
The duration for the RwandAir contract is for three years, effective 1 October 2025.
The statement read, “The new contract with United – Regional would be for a period of five years, effective from 1 August 2025. For Bellagio and Malaikair, the contracts are for three and five years, respectively.
“Bellagio Air, Nigeria’s rising star in aviation, is redefining air travel with a blend of luxury, efficiency, and reliability. Headquartered in the vibrant city of Ikeja, Lagos, Bellagio Air is committed to providing world-class service across key domestic and regional routes.”
The Group Executive Director, Commercial and Business Development, NAHCO Plc, Saheed Lasisi, who expressed his delight with the new contracts, said NAHCO is already ready to exceed customers’ expectations.
According to Lasisi, NAHCO’s more than 46 years of unblemished excellent service delivery puts it heads and shoulders above any other service provider in the industry.
“This is what we have been doing for almost half of a century. We will continue to delight our customers and make our stakeholders happy by exceeding expectations in all aspects of our service offerings. We are always willing and ready to do more,” Lasisi added.
The Group Managing Director/Chief Executive Officer, NAHCO Plc, Olumuyiwa Olumekun, added that with the new fleet of equipment the company is deploying, service delivery will only be better.
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