Moneda Make investments Africa has partnered with meCash to reshape Africa’s monetary ecosystem, significantly in funds and entry to credit score. The small print of this strategic alliance and the “Musa” app have been unveiled on the Moneda Expertise, held on March 14, 2025, in Lekki, Lagos.
The occasion introduced collectively key stakeholders, together with Ejike Egbuagu, GCEO, Moneda, Modupe Diyaolu, Co-founder, meCash; Adebusola Adegbuyi, Co-founder and CTO, meCash; Valuable Ehihamen, Ag Managing Director, Moneda Applied sciences, traders and members of the press to debate the way forward for credit score entry for important SMEs.
A Imaginative and prescient for Monetary Inclusion
Moneda Make investments Africa specialises in vitality, agriculture and mining, offering various credit score and execution experience to important SMEs in Africa’s pure useful resource worth chains. meCash, a cross-border funds platform, enhances this by enabling seamless monetary transactions throughout world markets.
Collectively, they goal to offer credit score for companies executing contracts—with out the necessity for collateral. The main focus is on SMEs supplying supplies or working SMEs engaged within the pure assets sector, spanning vitality, agriculture, and minerals.
“What’s going to really change the standard of our lives is guaranteeing that companies get entry to credit score, empowering them to create worth and rework industries thereby reworking the standard of our lives“ mentioned Ejike Egbuagu, GCEO of Moneda.
For meCash, this partnership is a dedication to enhancing monetary inclusion, safe and environment friendly funds and cross-border transactions. “SMEs are the bedrock of any financial system, and we’re excited to finance companies that drive actual influence,” mentioned Modupe Diyaolu, Co-founder & CEO of meCash.
Addressing the Challenges of SME Financing
Financing SMEs in Africa comes with complicated challenges, together with excessive default charges and regulatory hurdles. meCash’s experience in monetary infrastructure helps mitigate these dangers by guaranteeing environment friendly fund disbursement, safe funds, and regulatory compliance throughout a number of African markets.
“Compliance is the bedrock of economic companies, and that’s what differentiates us,” mentioned Diyaolu, emphasizing meCash’s function in guaranteeing seamless regulatory adherence and threat administration for cross-border transactions.
MUSA is predicted to redefine entry to capital by offering a structured credit score mannequin tailor-made for Africa’s pure useful resource sectors. In comparison with many fintech options that focus solely on digital and shopper lending, MUSA operates with the rigor and reliability of a standard monetary establishment, guaranteeing structured financing and risk-managed disbursement for important SMEs throughout Africa.
Know-how-Pushed Transparency
A significant spotlight of the occasion was the demo of “Musa”, an app designed to facilitate this partnership. Valuable Ehihamen, Ag Managing Director, Moneda Applied sciences, demonstrated how the platform ensures real-time transparency, transaction monitoring, and risk-sharing. Musa was constructed to democratise entry to finance for SMEs, providing versatile credit score choices that bypass typical collateral necessities and prolonged utility processes. “What we’re doing is sharing the danger with SMEs, offering them with the monetary infrastructure to execute contracts and obtain funds with out pointless roadblocks,“ he mentioned.
With Musa, African important SMEs can have entry to world capital, offering a gathering level for suppliers, producers and repair suppliers. The app permits customers to enter contract particulars, together with the character of the contract, required provides, funding wants, and threat evaluation. It then calculates the related dangers and gives a real-time dashboard to trace accomplished transactions., making it straightforward to observe progress.
A Fireplace Chat on the Way forward for SME Credit score
The occasion concluded with a fireplace chat that includes the CEOs of meCash and Moneda, moderated by Ugodre Obichukwu, CEO of Nairametrics. Key discussions centred round how this partnership overcomes conventional SME financing bottlenecks and the steps being taken to make sure sustainable credit score compensation fashions.
With this partnership, Moneda and meCash are usually not simply financing companies—they’re constructing a monetary infrastructure that empowers African SMEs, enhances cross-border transactions, and drives financial development throughout the continent.
