Enabling higher levels of financial inclusion across Africa means banks and payments companies must drive solutions allowing small and informal merchants to accept digital payments at lower cost. Such solutions must be scalable, quick to implement, secure, and able to support legacy features and smart phone deployments. This is according
AfricaPLC | News Contributor
MasterCard, IFC to expand digital financial inclusion
Mastercard Foundation and the International Finance Corporation have struck a partnership to expand digital financial inclusion in Africa. A digital study released by the IFC and MasterCard, titled ‘Aligning expectations: The business case for digital financial services’, highlighted a set of best practice financial modelling benchmarks for agent banking and
ITC unveils market price portal for agricultural products
The International Trade Centre (ITC) has announced the launch of the Market Price Information portal, an online database that will provide access to live updates and prices for more than 100 agricultural products. Launched with a view to improve transparency in trade and help improve the decision-making processes for micro,
#MobileCommerce: Embrace international markets
Cross border e-commerce continues to provide significant growth opportunities for retailers and manufacturers with an international online product offering. A 2017 DHL report revealed cross-border retail volumes are predicted to increase at an annual average rate of 25% between 2015 and 2020 (from $300 billion to $900 billion) – twice
Nigeria accounts for only 1% African imports
Nigeria accounts for only a paltry 1% in the value of African imports, a development which does not bode well for the largest economy in sub-Sahara Africa. The above submission was made by scores of experts who spoke with journalists on the sidelines of the Intra African Trade Fair in
Mobile money interoperability is the next revolution in Africa, this is what you need to know
Several regions across Africa are zeroing in on what promises to be a new frontier in the fast-growing digital economy: mobile money interoperability. That means anyone in an interoperable region with a mobile money account can transact with anyone else who has an account, whether they use the same service
President Ramaphosa in Nigeria for bilateral talks
President Cyril Ramaphosa is undertaking a working visit to Nigeria where stability and continental integration will form part of talks with his counterpart President Muhammadu Buhari. “While in Nigeria, it is expected that the two Presidents will discuss a wide range of bilateral, continental and global issues of common concern.
