CDC opens offices in Kenya and Nigeria to increase investments

CDC opens offices in Kenya and Nigeria to increase investments

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AFRICA – The United Kingdom’s government-owned development finance institution, commonwealth Development Corporation (CDC), has opened offices in Kenya and Nigeria as part of its strategy trade ties with African countries. According to Nick O’Donohoe, chief executive of the CDC Group, the new…

Trade in technology goods expands driven by demand for electronic components mainly from China and Korea

Trade in technology goods expands driven by demand for electronic components mainly from China and Korea

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WORLD – The value of trade in international imports of information and communications technology (ICT) goods in 2017 reached US$2.1 trillion driven by demand for electronic components used in Internet-of-Things (IoT) devices. According to new figures released by UNCTAD (United Nations Conference…

Safaricom partners AliExpress to enable M-PESA payments for online shoppers

Safaricom partners AliExpress to enable M-PESA payments for online shoppers

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KENYA – Kenya leading mobile network provider, Safaricom, has partnered Ant Financial Services – the world’s largest fintech services provider –to enable Kenyans shopping on AliExpress to pay for their purchases using M-PESA. The partnership primarily targets micro-traders in the country who…

Econet’s Cassava Fintech launches cross border money transfer services across Africa

Econet’s Cassava Fintech launches cross border money transfer services across Africa

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SOUTH AFRICA – Cassava Fintech, a Pan-African technology company and member of the Econet Group has launched a cross border money transfer service from South Africa to the rest of Africa. According to Cassava Fintech International Group chief executive officer, Mr Darlington…