Swieqi, Malta & Johannesburg, South Africa – 15 October 2020 essDOCS, the leading enabler of paperless trade, and AfricaPLC, the innovative B2B / B2G industrial E-commerce marketplace and FinTech platform focused on improving intra-African and cross-border trade, announced today a partnership to accelerate the use of digital trade documents in
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How does today’s tech boom compare with the dotcom era?
In troubled times people take comfort in the familiar. Covid-19 has upended many things, but tech-stock prices have proved impressively invulnerable. The Nasdaq, a tech-heavy stock index, has leapt by 25% since the beginning of 2020, taking its total rise over the past decade to over 400%. Were it not
Africa needs urgent trade finance boost in the wake of COVID-19
There is an urgent need for financing to reenergize Africa’s trade in the wake of the COVID-19 pandemic, according to the latest trade finance report released jointly by the African Development Bank and the African Export-Import Bank. According to the report, only 40% of Africa’s trade is bank-intermediated – a
Walmart Canada’s blockchain freight supply chain proving its value
While it’s notable that some enterprises are beginning to deploy blockchain solutions this year, it’s important to point out that very few have done so. A report from Everest Group Research published in June shows that while 79% of projects have completed their pilot phases, only 7% have been deployed
MTN Ghana to Become a Fully Digital Operator by 2023
MTN Ghana has revealed that it is investing in becoming a fully digital operator by 2023. Selorm Adadevoh, MTN Ghana CEO, says that the company was leveraging the strength of its “fintech” and some six pillars to “deliver a bold new digital world to customers”. According to News Ghana, the COVID-19 pandemic
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The ongoing construction of Kiira Vehicle Plant at Jinja Industrial and Business Park is in good progress according to Engineer Paul Isaac Musasizi, the Kiira Motors Corporation (KMC) Chief Executive Officer. The work done already accounts for about 58%, this includes the construction of 20,000 square meters of the Assembly Building floor,
Ghana, Nigeria propose joint council to address bilateral trade issues
Ghana and Nigeria are proposing a joint business council that would govern matters of trade and investment between the two countries. The initiative is as a result of the recent high-level exchanges between the two West African neighbours over the closure of Nigerian owned alleged to have breached Ghana’s domestic
