Pan-African payments gateway MFS Africa, founded in 2009 by Dare Okoudjou (photo) and based in Johannesburg, South Africa, announced on Wednesday, November 1 its name change to Onafriq. The change comes as the firm embarks on its North American expansion after several acquisitions.  

"As we embark on this next phase of our journey, we wanted a name that reflects our aspiration of wiring up the whole continent into one network of networks with pathways from and to every African and every African business," explains Dare Okoudjou.