Africa is becoming a major growth market for Cyprus-based businesses , especially in industries like Forex trading, crypto, online investments, and e-commerce . The challenge, however, is in collecting payments . While Cyprus and most of Europe rely heavily on Visa and Mastercard , Africa’s payment system looks completely different. Across the continent’s 54 countries , each market has its own dominant payment method: Kenya:   M-PESA Nigeria:  Opay and Bank Transfers Uganda: