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Appzone Rebrands to “Zone” to Power Global Payments with its Regulated Blockchain Network

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Appzone, one of Africa’s Fintech Software Providers, has rebranded to “Zone”, a regulated blockchain Payment Infrastructure company. By building Africa’s first layer-1 blockchain network, Zone will enable payments and the acceptance of digital currencies for Financial Service Providers globally.

Zone’s regulated blockchain network enables direct transaction flow between financial service providers without an intermediary, bringing reduced transaction costs, instant dispute resolution, and absolute reliability across Africa’s payment borders and beyond.

As part of its evolution, Appzone is pivoting from its cloud-based SaaS infrastructure to offer payments processing services that support both fiat money and digital currencies, with the intention to enable a hybrid interim period in finance where TradFi and DeFi will coexist seamlessly.

In the case of fiat payments, Zone connects some of Africa’s most prominent Banks and Fintechs within and across countries and utilises a native stable coin to provide real-time settlement for cross-border transactions.

In 2022, Zone was issued a ‘payment Switching and Processing Licence’ by the central bank of Nigeria, making it the first payment infrastructure company based on Blockchain to be licensed in Africa.

Following the rebrand, Appzone’s Banking-as-a-Service business has been carved into a separate standalone company, known as Qore, so it can continue serving existing clients and growing the SaaS platform’s reach.

This new standalone business will be led by some members of its elite leadership team, including Emeka Emetarom, Co-founder & Executive Director of Appzone and Mudiaga Umukoro, Co-founder & CEO of Appzone’s subsidiary, Appzone Core. Appzone’s products currently process over $2 billion annually for 500+ banks, Fintechs and MFIs in seven countries – this includes payments processing for six of Africa’s top 25 banks.

Speaking on the rebrand, Zone Co-founder and CEO Obi Emetarom said, “We have led Africa’s fintech sector in global firsts for over a decade. As Appzone, we launched the first core banking and omnichannel software on the cloud as well as the first multi-bank direct debit service based on single global mandates.

“With this transition to Zone, we are utilising the power of blockchain technology to connect every monetary store of value and enable reliable, frictionless and universally interoperable payments.

“In doing this, we are building one global network to pay anyone through any means, in any currency, which will ultimately maximise financial inclusion and accelerate economic prosperity for Africa and the rest of the world.”

Co-founder and CTO for Zone, Wale Onawunmi, added, “At Zone, we’ve always been early adopters of innovative technology with the potential to transform industries – in this case, the finance industry.

“Our next-generation decentralised payment technology, which is the first of its kind, will challenge the status quo and become the future of payments for the world.

“We are encouraged by the pace of adoption we have seen so far and remain passionate about enabling financial services providers to reach their full potential.”

According to the United Nations, Africa’s population will grow to approximately 1.7 billion in 2030, with a potential for $91 billion in cross-border payments and a retail value of over $1.5 trillion. But at an $8.97 fee per transaction, cross-border payment within sub-Saharan Africa still has one of the most expensive remittance structures.

In addition, beneficiaries typically cannot have value delivered instantly to their Bank accounts or mobile wallets. Zone’s Layer-1 blockchain network will allow payments initiated from one country in one currency to be received instantly in another country and currency at a fraction of prevailing costs.

Blockchain is a digital ledger of transactions that provides users with traceability and security without the need for middlemen. Using blockchain, Zone is working on completely digitising and decentralising payments, thereby paving the way for a cashless society where payments transcend borders.

Formerly known as Appzone, the Google for Startups Accelerator alumnus, now known as Zone, is on a mission to connect every monetary store of value using blockchain.

 


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E-Business

NIPOST in Intensive Care, Needs Reforms Need to – Kekemeke

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Nigerian Postal Service (NIPOST) is in Intensive Care Unit (ICU) and needs  urgent reforms to revive it, according to Isaac Kekemeke, board chairman of the service.

NIPOST in Intensive Care, Needs Reforms Need to – Kekemeke

Kekemeke, who spoke at a workshop organised for NIPOST staff in Abuja yesterday, added that it is now time to go the whole hog to reform and make NIPOST fulfill its destiny to compare and compete favourably with multinational postal agencies.

“The approach may not be palatable at all times but we need to take the tough but necessary decisions to exit the intensive care unit. We are either out of ICU in good health or head for the morgue. NIPOST either functions effectively now as a commercialised state operator or gets privatised, so that myself, the PMG, and a good number of you risk the loss of our jobs,” the chairman said.

No doubt, he added, “Change is not always easy as many loathe change because of the uncertainty it brings but it is in my place to urge you all to embrace the change we advocate.”


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Internet Society Announces Peering Fellowship

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The Internet Society’s six-month Fellowship Peering program continues to help make internet access affordable, dependable, and resilient. The program, according to the global charitable organisation, is targeted for fifteen professionals in the peering and interconnection sector.

“It offers a unique opportunity to build the skills, knowledge, and networks necessary to improve local Internet infrastructure and policy,” according to the site’s description.

The fellowship participants will participate in a comprehensive curriculum that includes virtual training sessions, collaborative forums, and technical and advocacy-based instruction on routing, Internet Exchange Points, and policy.

The fellowship culminates in attendance at a global peering event, which provides direct experience and networking opportunities with important voices in the Internet community.

The fellowship enhances participants’ impact in their particular nations by developing engagement with seasoned professionals and boosting regional and global collaboration. The program invites fellows to return to their communities prepared to expand interconnectivity, improve policy conditions, and make a meaningful contribution to the development of the Internet ecosystem.

Applicants must have at least three years of Internet experience and be based in Latin America and the Caribbean, Africa, or Asia-Pacific.

Eligibility also required proper travel documentation and availability to attend important events such as African Peering and Interconnection Forum, Latin American and Caribbean Network Operators Forum, or Peering Asia, as well as a commitment of roughly four hours per week over six months.

 


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SERAP Calls for Withdrawal of Nigeria’s Data Act Amendment

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Socio-Economic Rights and Accountability Project (SERAP) has called for the withdrawal of the amendment of the Nigeria Data Protection Act 2023 because it seeks to regulate the activities of bloggers operating within the territorial boundaries of Nigeria.

SERAP Calls for Withdrawal of Nigeria’s Data Act Amendment

The organisation in its letter urged  Mr Godswill Akpabio, Senate President, and Mr Tajudeen Abbas, Speaker of the House of Representatives, to “immediately withdraw the repressive bill.”

The titled A Bill for an Act to Amend the Nigeria Data Protection Act, 2023, to Mandate the Establishment of Physical Offices within the Territorial Boundaries of the Federal Republic of Nigeria by Social Media Platforms and for Related Matters among others intends to regulate bloggers, including by requiring all bloggers to register local offices and join recognised national association for bloggers.

Currently, the bill has passed its first and second reading in the Senate.

In the letter signed its deputy director, Mr Kolawole Oluwadare, SERAP asked Mr Akpabio and Mr Abbas “to ensure that any amendment to the Nigeria Data Protection Act promotes and protects the rights of bloggers and other journalists and does not undermine the fundamental human rights of Nigerians.”

It demanded an end to “the imposition of unnecessary restrictions on the rights of Nigerians online and Internet-based content.”

In the letter dated April 12, 2025, the group said, “This bill is a blatant attempt to bring back and fast-track the obnoxious and widely rejected social media bill by the back-door.”

“If passed, the bill would also be used to ban major social media platforms—including Facebook, X (formerly Twitter), Instagram, WhatsApp, YouTube, TikTok, and independent bloggers if they ‘continuously fail to establish/register and maintain physical offices in Nigeria for a period of 30 days.

“Lawmakers should not become arbiters of truth in the public and political domain. Regulating the activities of bloggers and forcing them to associate would have a significant chilling effect on freedom of expression and lead to censorship or restraint.

“Should the National Assembly and its leadership fail to withdraw the bill to regulate the activities of bloggers, and should any such bill be assented to by President Bola Tinubu, SERAP would consider appropriate legal action to challenge the legality of any such law and ensure it is never implemented in the public interest,” the organisation warned.

 

 

 

 

 


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