TikTok has not been sold in the United States. Despite headlines suggesting otherwise, the short-video platform remains partially owned by ByteDance. What has changed…
Here’s where Africa’s payments revolution should be happening today
In emerging markets, mobile money services have the power to simplify lives, offering people the convenience of paying from anywhere and at any time, but also to transform them, playing a social noble role by addressing the unbanked or underserved population in Africa, offering them payment services they did not have access to before.
Africa is a continent filled with digital opportunity. With the mobile phone as the primary online device and a 72% mobile phone penetration rate, by far surpassing landline internet connections, the African digital revolution will take place through the small screen. Seven out of 10 of the world’s fastest-growing economies will be in Africa by 2015. And the continent’s financial services sector is projected to grow 40% by 2020.