Ha-Shem Limited Partners with Cubic Information Systems to Propel Africa’s Fintech Revolution
[March 2025]
[March 2025]
Lagos, Nigeria – [March 2025] – Ha-Shem Limited, a leading Nigerian IT solutions provider, has announced a strategic partnership with Cubic Information Systems, a Dubai-based innovator in digital financial solutions. This collaboration aims to harness the burgeoning fintech landscape in Africa, offering transformative solutions to financial institutions and consumers alike.
Africa: The Emerging Fintech Powerhouse
Africa is rapidly establishing itself as a global leader in fintech innovation, driven by a confluence of demographic, technological, and economic factors:
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Explosive Market Growth: The African fintech market is projected to experience a compound annual growth rate (CAGR) of 32%, potentially reaching $65 billion by 2030. Fintech Africa+54cit.group+5Technext+5
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Untapped Consumer Base: Approximately 66% of Sub-Saharan Africa’s population remains unbanked, presenting a vast opportunity for fintech solutions to drive financial inclusion. Penser
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Youthful Demographics: With a median age of 19, Africa’s predominantly young population is increasingly adopting digital technologies, fueling the demand for innovative financial services. MFW4A – Making Finance Work for Africa
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Investment Surge: In Q3 2024, fintech funding in Africa soared by 688%, reaching $268 million, highlighting investor confidence in the continent’s fintech potential. Technext
Strategic Synergy: Ha-Shem and Cubic
The partnership between Ha-Shem Limited and Cubic Information Systems is strategically positioned to capitalize on Africa’s fintech momentum:
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Cloud Transformation Services: Leveraging cloud technologies to enhance scalability and accessibility for financial institutions across the continent.
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Advanced Cybersecurity Solutions: Implementing robust security measures to protect against the evolving landscape of cyber threats, ensuring trust and reliability in digital financial services.
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Digital Banking Platforms: Deploying platforms like Worx Digital Banking to streamline operations and enrich customer engagement, aligning with the continent’s shift towards mobile-first financial solutions.
Leadership Perspectives
Olaide Akisanya, Executive Director at Ha-Shem Limited, commented: “This partnership with Cubic comes at a critical time when financial institutions across Africa are under pressure to modernize, We’re excited to bring future-proof solutions to our clients, and, together, deliver value that transforms businesses.”
Islam Elhamzawi, Strategic Alliance Manager at Cubic Information Systems, added: “Partnering with Ha-Shem allows us to leverage local expertise and drive impactful digital solutions, contributing to the growth and modernization of Africa’s financial landscape.”
About Ha-Shem Limited
Ha-Shem Limited is a Nigerian IT solutions provider with over two decades of experience, specializing in cloud computing, cybersecurity, and digital transformation services. The company is committed to enhancing business productivity and efficiency across various sectors.
About Cubic Information Systems
Cubic Information Systems is a Dubai-based company specializing in digital transformation solutions for financial institutions. With a focus on cloud services and cybersecurity, Cubic serves clients across the Middle East, Africa, and India, driving innovation in the financial sector.
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