CAPITAL FLOODS IN FOR FLOURISHING AFRICAN FINTECH & PAYMENTS SECTOR

Financial transactions made via the internet or a mobile phone are expected to grow from US $200 million at the moment to an eye watering US $3 billion by 2020. The increasing demand for payment transaction from mobile operations, banks and international funds, all jostling to position themselves across the continent.

These new initiatives also achieve inclusive goals set by International development finance institutions, which have been joining multiple fundraising over the last twelve months.

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