On the Rails

Nigeria’s SeerBit plans payments expansion in South Africa, DRC

By David Whitehouse

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Posted on September 4, 2023 04:00

© Only about 5% to 7% of African payment transactions are conducted via digital channels.
REUTERS/Macline Hien. — Only about 5% to 7% of African payment transactions are conducted via digital channels. REUTERS/Macline Hien.

The company aims to take advantage of projected annual growth of 20% in Africa’s e-payments market.

Nigerian payment solutions provider SeerBit plans to enter South Africa and the Democratic Republic of Congo to extend its African presence, CEO Omoniyi Kolade tells The Africa Report.

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