Company News

Company news

Guides and Tips

Guides and tips

Sending money overseas from Africa has been made seamless with KlashaWire. Dedicated to frictionless cross-border transactions, KlashaWire makes it easy and fast for you to send a wire to your business partners and suppliers overseas using African currencies, and they receive the equivalent payout in USD, CNY, EUR, GBP, INR, G7 currencies, and more.  

How to send money overseas using KlashaWire

Klasha is thrilled to announce the appointment of Nile Younis as Chief Commercial Officer (CCO).

Nile joins Klasha with over 20 years of global experience in solution sales, product management and business development, which focuses on e/m-commerce alongside cyber and Card-Not-Present fraud solutions.

Klasha appoints Former Head at Mastercard as Chief Commercial Officer

Efugo Extractive struggled with wiring funds overseas from Nigeria due to the new CBN policy of low transaction funds and high transaction fees with traditional financial institutions. KlashaWire has solved Efugo’s cross-border transaction problems. Since the company started using KlashaWire to wire funds from Africa, they have enjoyed seamless international transactions without limits. 

Efugo Extractive Industry Limited: wiring funds overseas from Africa without limits using KlashaWire

Online shopping in Africa generated around $27.97 billion in 2020, increasing by over $6 billion since 2019. According to statista.com, the e-commerce revenue in Africa will keep rising between 2021 and 2025. In 2025, the whole e-commerce sector in Africa might reach a value of over $46.1 billion.

With more and more online businesses springing up to provide for the need of the ever-growing population of online shoppers, how do you make your business stand out?


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