(Posted 28th May 2025)
IPT Africa’s platform addresses these issues with same-day or next-day settlement
The Canada-Africa Chamber of Business is proud to welcome IPT Africa, a leading pan-African cross-border payment and collections platform, as its newest member.
Headquartered in Mauritius, IPT Africa empowers global businesses to operate seamlessly across the African continent. With access to real-time FX pricing, multi-currency virtual wallets, and on-the-ground collection and payout capabilities in 40+ African currencies, IPT Africa is uniquely positioned to solve the challenges many Canadian businesses face when transacting with Africa.
Mark Sullivan, founder and CEO of IPT Africa, will address the Africa Accelerating 2025 conference in Toronto on September 9th this year, during the flagship program of The Canada-Africa Chamber of Business, which serves to accelerate Canada-Africa trade and investment.
“We are delighted to welcome IPT Africa to the Chamber,” said Garreth Bloor, President of the Canada-Africa Chamber of Business. “Their expertise in navigating payment complexities across Africa makes them a valuable partner for Canadian companies seeking to scale operations and strengthen ties with the continent.”
Canadian businesses, from mining and infrastructure giants to agile SMEs, often face barriers such as:
- Limited access to local currencies
- Delayed or failed payment settlements
- Managing Pan African Payroll
- Difficulty repatriating funds
- High FX costs and regulatory hurdles
IPT Africa’s platform addresses these issues with same-day or next-day settlement, AI-driven compliance, and full transparency through a cloud-native dashboard designed for operational ease and peace of mind.
“Africa is closer than you think, when you have the right partner,” said Mark O Sullivan, CEO of IPT Africa. “We’re excited to collaborate with Canadian companies and the Chamber to drive real impact through reliable financial infrastructure and smart technology.”
