Africa - Calabash

Split diagram: correspondent-bank chain routing a Lagos payment through London versus a direct PAPSS corridor, Lagos to Accra

treasury

For a Lagos to Accra payment, the MT103 retirement is not a field-mapping problem. It is a routing question.

November 2025 ended the MT103 era. For a Lagos-to-Accra payment, the question is not whether your ERP can handle pacs.008. It is whether you need SWIFT at all. PAPSS was built ISO 20022-native from launch. The routing choice is now a strategic one, and most African treasurers have not made it yet.

Ai In Procurement

Meet Dibia. Agentic Procurement, No Sacrifices Required.

Procurement is becoming agentic. We have been asking a different question: what should that look like built with Africa in mind? Meet Dibia.

Lagos port at dusk, stacked shipping containers, city skyline behind — USD import commitments against an uncertain naira

treasury

For a Nigerian importer, FX is the tariff. And it moves faster than any parliament.

When the naira moved 36% in a week in June 2023, every Nigerian importer with a USD-denominated AP book had a cash-gap problem their quarterly forecast had not modelled. The African version of the tariff-shock story is older, larger, and structural — it is called FX.

Editorial illustration of a Calabash gourd radiating invoice, approval, and confidence-score cards on cream

Ai In Treasury

An AP manager cut her invoice cycle from twelve days to three. The AI was the smaller half of the change.

A composite AP manager watched her invoice cycle fall from twelve days to three, and the AI reading the PDFs was the smaller half of the story: the real gain came from rebuilding the approval workflow around its confidence score.

Editorial illustration of a supplier network with one node dark and AI-verified alternative suppliers radiating outward.

Ai In Procurement

When your primary supplier goes dark on a Tuesday, AI is not smart. It is thorough.

A composite CPO's primary supplier goes dark on a Tuesday. By Thursday, an AI discovery tool has vetted twelve candidates using checks no rushed analyst could run by hand. The catch: none of it works if your own supplier records are a mess.

Ai In Treasury

Forty eight seconds. That was the entire trick.

A supplier bank change email landed at 3:14 PM on a Friday. Forty eight seconds after an AP clerk saved the new IBAN, an automated check flagged it high risk. Here is what the AI actually checked, and why nine of twelve signals only work if your supplier data is clean.

Stack of government invoices against outline of African continent, illustrating late payment problem

treasury

South Africa already has the 30-day cap the EU could never pass. Here is what it is worth.

The EU fought for years over a mandatory 30-day payment cap and abandoned it. South Africa already has one. So does Nigeria on paper. The rule is not the gap; the enforcement is. While invoices age for months, the fraud window stays wide open.

Stack of government invoices on a desk, some overdue, against a Johannesburg office backdrop

treasury

Africa wrote the 30-day rule first. The UK built the gate Africa still does not have.

Africa has the statute. South Africa's Treasury Regulation 8.2.3 has mandated 30-day supplier payments since 2005. Nigeria's BPP exists to enforce procurement discipline. Kenya's PPADA sets payment obligations. None of them have the gate the UK just built: a clause that says late payers cannot bid.

Split scene: a Nigerian compliance portal dashboard on one side, an unresolved AP exception queue on the other — same invoice, two fates

treasury

Nigeria's FIRS mandate puts every invoice in structured XML. It does not touch the queue.

FIRS went live for large taxpayers in August 2025. Only 1 in 5 had onboarded by day 15. The ones who think compliance is the finish line are about to discover that structured invoices still land in manual queues when your supplier master data is dirty.

Paper invoices with handwritten bank details beside a verified digital supplier record, Lagos skyline at dusk.

treasury

Coupa Navi promises 100% faster supplier discovery. FIRS and KRA are already doing the foundation work in Africa.

Coupa Navi promises 100% faster supplier discovery. In Nigeria and Kenya, the government is already doing the foundation work: forcing verified supplier records into existence through e-invoicing mandates. Whether that compounds into a real AP record is the only architecture decision that matters.

Corporate office in Lagos with a procurement workflow UI overlaid on glass, Ariba supplier network data in background.

treasury

Sasol is about to migrate twice while 85% of its supplier base cannot get on the network at all

Next-gen SAP Ariba is live and African enterprise procurement leads did not choose the timing. The rebuild coincides with ECC end-of-maintenance and lands on top of a supplier base that is 85-90% informal. Two migrations, one budget cycle, zero slack.

Wire transfer confirmation on a phone screen, petroleum-orange light, blurred Lagos skyline behind

treasury

Nigerian banks lost ₦52 billion to fraud in 2024. The CBN is shifting liability, not closing the gap.

Nigerian banks lost N52bn to fraud in 2024 and the CBN is shifting liability under the draft APP rules instead of closing the AP gap. The grammar tell that once flagged African BEC is gone. Here is the structural fix.