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Strong lobby on to get Brazil’s Embraer locate Africa service centre in Nigeria’s Anambra State

by Admin
January 21, 2026
in Frontpage, Nigeria Frontier Markets, The business traveller & hospitality

 

  • State in talks with Air Peace, Embraer’s biggest African buyer
  • State to inaugurate own airport this year

 

The Willie Obiano administration in Anambra State, with few months to its exit date in November this year, is pushing up a partnership deal with Air Peace, West Africa’s leading airliner, to format its incoming airport at Umuleri, by getting Embraer Corporation of Brazil, the world’s fourth largest civilian aircraft manufacturer, to locate a service centre for all of Africa in the state.

Details of the state government’s move have not yet been made public. Governor Obiano has since last year been in talks with the Air Peace founder, Allen Onyema, to lure the Brazilians into siting a service centre at the Anambra International Cargo Airport at Umuleri, which may be inaugurated later this year.

Strong lobby on to get Brazil’s Embraer locate Africa service centre in Nigeria’s Anambra State
At the delivery last week of Air Peace E195 –E2 in Lagos, Onyema had appealed to the Brazilian Embassy in Abuja to advise the Embraer Corporation in Sao Paulo, to seriously consider building a service centre in Nigeria to cater for the African continent. The brand-new airplane, registered as 5N-BYF, is the first of 13 Embraer aircraft ordered by the airliner for its African regional routes.

According to C. Don Adinuba, the commissioner for information and public enlightenment, Governor Obiano had told a virtual discussion with some members of his administration working on the project that: “As the first carrier in Africa to purchase Embraer’s E series, which is the latest, Air Peace, with our support, is in a strong position to lobby the manufacturer to bring such a centre to our state.”

The Anambra international cargo airport, with 3.7 km runway and an 11-storey terminal building, pushing off as Nigeria’s second biggest airport, after the Lagos’ Murtala Mohammed, is designed to accommodate at least one hanger to service different kinds of aircraft, according to Ben Chiobi, a former Nigerian Air Force pilot, retired air force Air Vice Marshall and special adviser to Governor Obiano on creative security.

Chiobi, who also used to be a military attaché at the Nigerian Embassy in Paris, France, is among Obiano’s team working to realise the airport before his tenure’s expiration in November.

In August last year, when he visited the airport, an impressed Onyema said his Air Peace airline company would build a hanger there.

“If Air Peace builds a hanger here, and Embraer follows suit with an African service centre, the vision of building this modern and large airport on a very large swath of land will have been realized,” stated Governor Obiano, who described Onyema as currently the greatest promoter of private diplomacy in Nigeria.

Obiano said the Air Peace chairman, with the acquisition of the new airplane from Brazil, has shown that one needs not be in government or hold any public office to effectively promote the interests of one’s country; and has boosted Nigeria’s reputation in places like South Africa, the United Arab Emirates, where Air Peace flies into, with plans to start flying into the United States, India, Israel and the United Kingdom shortly.

He said his administration didn’t set out to build just any airport, but a strategic one that will help boost traditional commerce in the state and beyond; resulting in technology transfer and transformation of the state’s economic landscape.

Anambra, a state with bustling commerce, and travelling population, has a GDP of over N4.2 trillion.

Admin
Admin
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Onafriq, a pan-African payments company, is set to discontinue its Baxi agent banking business in Nigeria after five years, citing naira depreciation, rising operating costs and intensifying competition that have weakened the segment’s profitability. The planned shutdown will affect the agent banking operations conducted through Baxi under Onafriq Nigeria Payments Limited. However, the decision does not signal the company’s withdrawal from Nigeria, as it intends to retain its cross-border payments network and card issuing services in the country. In a statement, Onafriq said changes in Nigeria’s operating environment since 2024 had significantly altered the economics of its offline agent banking business, making the existing model unsustainable. The move marks a strategic shift for the company, which entered Nigeria’s agent banking market to expand access to financial services through a network of agents providing transaction services outside traditional bank branches. Onafriq attributed the decision to a combination of macroeconomic pressures and structural changes in the country’s payments industry. According to the company, naira depreciation and inflation have affected transaction volumes, increased operating expenses and undermined the sustainability of its agent banking operations. The growing adoption of instant account-to-account transfers has also changed the mix of transactions handled by agents, while heightened competition among payment service providers has put further pressure on margins. These developments have made it increasingly difficult for the business to remain viable under its existing operating structure, prompting the company to reassess its long-term strategy. Dare Okoudjou, founder and chief executive officer of Onafriq, said the decision to close the business was difficult, particularly given the efforts of employees, agents and business partners who helped build the Baxi network. “We entered Nigeria with conviction and commitment, but did not achieve the outcome we set out for. Closing this business was a difficult decision to arrive at, one that affects colleagues, agents, and business partners across Nigeria who poured their hearts and soul into building out the Baxi network,” Okoudjou said. Despite the closure, he reaffirmed the company’s commitment to the Nigerian market, noting that the group would continue to serve customers through its payments network and card issuing operations. Onafriq entered Nigeria’s agent banking market in 2021 through the acquisition of Baxi, also known as Capricorn Digital Limited. The company said it continued investing in the business through 2023, with efforts focused on expanding and strengthening its agent network. However, a subsequent review of the business’s long-term prospects and financial sustainability led to the decision to wind down the operation. As part of the transition, Onafriq said agents onboarded through the Baxi platform had been moved to another principal bank, a step intended to facilitate continuity for the affected agents. The company has also directed agents to transfer their funds to their preferred principal bank within 30 days, adding that its teams would provide support throughout the transition process. Employees whose roles are linked to the agent banking business will also be consulted and supported during the wind-down, with Onafriq pledging to treat affected workers fairly.

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October 17, 2026
Onafriq, a pan-African payments company, is set to discontinue its Baxi agent banking business in Nigeria after five years, citing naira depreciation, rising operating costs and intensifying competition that have weakened the segment’s profitability. The planned shutdown will affect the agent banking operations conducted through Baxi under Onafriq Nigeria Payments Limited. However, the decision does not signal the company’s withdrawal from Nigeria, as it intends to retain its cross-border payments network and card issuing services in the country. In a statement, Onafriq said changes in Nigeria’s operating environment since 2024 had significantly altered the economics of its offline agent banking business, making the existing model unsustainable. The move marks a strategic shift for the company, which entered Nigeria’s agent banking market to expand access to financial services through a network of agents providing transaction services outside traditional bank branches. Onafriq attributed the decision to a combination of macroeconomic pressures and structural changes in the country’s payments industry. According to the company, naira depreciation and inflation have affected transaction volumes, increased operating expenses and undermined the sustainability of its agent banking operations. The growing adoption of instant account-to-account transfers has also changed the mix of transactions handled by agents, while heightened competition among payment service providers has put further pressure on margins. These developments have made it increasingly difficult for the business to remain viable under its existing operating structure, prompting the company to reassess its long-term strategy. Dare Okoudjou, founder and chief executive officer of Onafriq, said the decision to close the business was difficult, particularly given the efforts of employees, agents and business partners who helped build the Baxi network. “We entered Nigeria with conviction and commitment, but did not achieve the outcome we set out for. Closing this business was a difficult decision to arrive at, one that affects colleagues, agents, and business partners across Nigeria who poured their hearts and soul into building out the Baxi network,” Okoudjou said. Despite the closure, he reaffirmed the company’s commitment to the Nigerian market, noting that the group would continue to serve customers through its payments network and card issuing operations. Onafriq entered Nigeria’s agent banking market in 2021 through the acquisition of Baxi, also known as Capricorn Digital Limited. The company said it continued investing in the business through 2023, with efforts focused on expanding and strengthening its agent network. However, a subsequent review of the business’s long-term prospects and financial sustainability led to the decision to wind down the operation. As part of the transition, Onafriq said agents onboarded through the Baxi platform had been moved to another principal bank, a step intended to facilitate continuity for the affected agents. The company has also directed agents to transfer their funds to their preferred principal bank within 30 days, adding that its teams would provide support throughout the transition process. Employees whose roles are linked to the agent banking business will also be consulted and supported during the wind-down, with Onafriq pledging to treat affected workers fairly.

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