In a strategic move to redefine cross-border travel and commerce across Africa, Cardri Finance and Chisco Transport Limited have signed a partnership agreement aimed at delivering seamless and instant payment solutions for travelers and traders moving across African borders.

The partnership signing ceremony which held at the Chisco Transport Head Office in Lagos, brought
together executives from both companies, industry stakeholders, and members of the media to unveil
what both organisations described as a major step toward deepening intra-African trade and mobility.

Through the Cardri mobile application, users can also send money across borders instantly, while
recipients receive funds directly in their preferred local payment channels, including bank accounts
and mobile money wallets.

Speaking during the ceremony, the Chief Executive Officer of Cardri Finance, Engr. Bolaji Okunade, described the partnership as a defining moment for Africa’s financial and transportation ecosystem.

“This partnership represents more than a business collaboration; it is a bold infrastructure play for
Africa’s future. For decades, Africans have endured fragmented payment systems while travelling or
trading across borders. Today, we are changing that reality,” Okunade stated.

He further noted that Africa’s economic growth would remain limited if movement and payments across the continent continue to face friction.

“The African Continental Free Trade Area (AfCFTA) cannot achieve its full potential without efficient
payment infrastructure. Governments alone cannot build the future of African trade; private sector
innovators must step forward to solve real problems at scale. In Europe, travellers move across countries and transact seamlessly with confidence. Africa deserves that same experience, and Cardri is building the financial infrastructure to make it possible.”

Okunade added that Cardri’s mission extends beyond payments into enabling economic inclusion,
trade acceleration, and financial interoperability across the continent.

“At Cardri, we are not just building a fintech product; we are building the operating system for Africa’s
cross-border commerce. Our intelligent risk management infrastructure allows us to provide instant settlement experiences while maintaining trust, compliance, and transaction security across multiple African markets.”

Under the partnership, passengers travelling with Chisco across West African routes will now have access to Cardri’s instant cross-border payment infrastructure, enabling them to fund their wallets intheir local currency and spend like locals in other African countries without the burden of multiple currency exchanges, excessive fees, or security risks associated with carrying cash.

Also speaking at the event, the Group Business Drive Manager of Chisco Transport Limited, Mr. Buchi Ochuba, said the collaboration aligns with Chisco’s longstanding commitment to improving the travel experience for Africans.

“For many years, we have transported passengers across West Africa and witnessed firsthand the
payment difficulties travelers face. High exchange costs, uncertainty around rates, and the risks
associated with carrying physical cash remain major concerns for many people travelling across borders” he said.

According to him, Chisco’s decades of operational experience and strong regional presence position
the company to help drive the adoption of modern payment solutions for African travelers.

“As one of Africa’s most reputable transport companies with decades of proven excellence, Chisco is proud to partner with Cardri Finance to introduce a revolutionary solution that will improve
convenience, safety, and financial access for travellers across the continent.”

The Chief Operating Officer of Cardri Finance, Mr. David Clement, also highlighted the everyday
challenges faced by African travelers and traders navigating multiple currencies across different
countries. “We interact daily with travellers and businesses facing avoidable financial friction. In many cases, people are forced to exchange currencies multiple times during a single trip and often return home with leftover cash in different currencies,” Clement explained.

“Cardri eliminates that inefficiency. Our platform allows users to hold value digitally, make payments
instantly, and move across African countries without worrying about currency barriers or delayed
settlements.”

Industry analysts believe the partnership comes at a critical time when Africa is witnessing increasing demand for regional trade integration, digital financial infrastructure, and seamless mobility solutions under the AfCFTA framework.

Founded with a vision to simplify cross-border payments for Africans, Cardri Finance has continued to position itself as one of the emerging Fintech companies building payment rails tailored specifically for Africa’s fragmented financial ecosystem. The company’s infrastructure supports instant local and international transfers, intelligent currency conversion, and multi-currency transaction experiences designed for businesses and individuals operating across borders.

Chisco Transport Limited, one of Nigeria’s most recognized transport and logistics brands, has
maintained a strong footprint in regional transportation for decades, connecting passengers and businesses across multiple West African countries.

Both organisations also expressed confidence that the partnership would not only improve the experience of travelers but also contribute meaningfully to the broader vision of a more connected and economically integrated Africa.