Visa has appointed Tareq Muhmood as the new Regional President for CEMEA, effective immediately.

• Mr. Muhmood will oversee operations in over 86 markets and manage relationships with more than 1,800 clients.
• He succeeds Andrew Torre, who recently became President of Visa’s Value-Added Services business.
• Mr. Muhmood brings over 30 years of banking and payments experience, having previously led Visa’s Value-Added Services in Europe.

Airtel Africa has launched its Sustainability Report 2025, highlighting significant advancements in digital connectivity and financial inclusion across sub-Saharan Africa with 73.4 million data users.

• Airtel Africa achieved 81.2% population coverage and increased smartphone penetration to 44.8%.
• Sunil Taldar, CEO of Airtel Africa, emphasized the importance of creating value for communities.
• The company successfully served 44.6 million customers through its mobile money platform, processing $136 billion in transactions, while also partnering with UNICEF to connect 2,176 schools to the internet.