How technology is shaping Africa’s informal finance
Technology has been transforming businesses across the globe and there is no stop sign. Industries are witnessing innovation through technology that is changing their products, processes, and...
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Technology has been transforming businesses across the globe and there is no stop sign. Industries are witnessing innovation through technology that is changing their products, processes, and...
The sudden emergence of coronavirus dealt a severe blow in African countries causing a rapid economic contraction. The pandemic impacted business across industries, including the finance sector. Now,...
African economies are recognizing the importance of technology and speeding up the digitization process. Digital applications are driving socio-economic transformation, opening avenues for millions...
We all know how the COVID-19 pandemic impacted the informal financial groups (IFGs). Mobility was restricted and social gatherings were prohibited. Many IFGs in Africa remained uncertain about...
Savings and credit cooperative societies (SACCOS) play a critical role in the socio-economic development in most African countries. Around 85% of cooperative societies have helped their members to...
Every year, 10 to 12 million youth enter the workforce in Africa. But only 3.1 million jobs are created, leaving a significant percentage of youth without any job. This vast difference leads to...
Cash has been a primary mode of payments in Africa. It accounts for more than 80% of retail transactions conducted in African countries. One study shows that more than 90% of retail transactions in...
We are excited to welcome Jacob Ørn Kreyberg onboard as a Project Manager in the Wakandi team. He will be responsible for maintaining high-quality standards throughout our operations while ensuring...
Internet and mobile technologies are transforming the lives of millions of people in Africa. A vast population is connecting through mobile devices and sending payments to each other every day. This...
COVID-19 pandemic and the resulting containment measures have undoubtedly slowed down socio-economic growth. Like the rest of the world, Africa is witnessing unprecedented impacts on the overall...
Digital financial services combined with affordable technology have expanded opportunities for millions of women worldwide. Financial inclusion in Sub-Saharan Africa has almost doubled from 23% to...