Hi, welcome to Tech This Evening, an After-Work Tech Newsletter from Techparley Africa. Sure, there is a lot to unpack right now. Sit back, while I walk you through.
Top Story: OmniRetail Launches OmniOne Platform to Connect Manufacturers, Distributors and Retail Data Across Africa
B2B e-commerce company, OmniRetail has launched a new digital platform, OmniOne, designed to help fast-moving consumer goods (FMCG) manufacturers scale distribution networks and improve operational visibility across West Africa.
The platform expands OmniRetail’s existing infrastructure, which already supports retailers through its OmniBiz marketplace, by extending digital capabilities to manufacturers, distributors and financial institutions operating within its ecosystem.
OmniRetail currently operates across Nigeria, Ghana and Côte d’Ivoire.
“OmniBiz has earned the trust, built the network, and generated the data that makes OmniOne possible,” said Deepankar Rustagi, founder and CEO of OmniRetail. “Manufacturers, distributors, and financial institutions can now plug into what we have built and scale faster alongside us.”
Other Tech News Stories You Should Read:
Business Corner: How to start a profitable e-commerce business in Africa’s growing digital market. Read now.
Misti AI Raises £250,000 to Transform Industrial Cameras Into AI-Powered Sensors. Read now.
General Analysis Raises $10 Million to Tackle Security Risks in Autonomous AI Systems. Read now.
On Startup Spotlight:
CashAfrica Partners ChamsSwitch to Accelerate Contactless Payments Adoption in Nigeria
Nigerian contactless payments infrastructure provider, CashAfrica has entered a partnership with switching and payment processing company, ChamsSwitch.
This is a move designed to resolve long-standing regulatory and compliance bottlenecks hindering the rollout of its tap-to-pay system.
Founded in 2024 by Malik Asamu and Bello Opeyemi, CashAfrica provides contactless payment infrastructure powered by Near Field Communication (NFC), a short-range wireless technology that enables devices within a few centimetres of each other to communicate.
“The partnership directly removes the compliance friction that has been the single biggest blocker across capital raising, partnership launches, and partner integrations,” said Malik Asamu, CashAfrica’s CEO.
“ChamsSwitch has been part of Nigeria’s payments infrastructure for years, and this partnership reflects our commitment to enabling the next generation of digital payment experiences, said Mudiaga Umukoro, CEO of ChamsSwitch.
Quadri Adejumo brings you all the details. Read here.
Also Read:
Nigerian Fintech BFREE Secures Fresh Growth Capital to Tackle Africa’s Rising Bad Debt Crisis. Yakub Abdulrasheed brings us the details, here.
Quote of the Day:
“Any sufficiently advanced technology is equivalent to magic.” – Arthur C. Clarke.
Thank you for joining me yet again this evening. Stay safe, and see you tomorrow for the next tech newsletter.
Best, Quadri
