Smashing Borders, Boosting Trade; Unlocking Africa’s $50 Billion Payments Powerhouse
Africa is on the rise. A burgeoning middle class, rising disposable incomes, and a tech-savvy population are fueling economic activity across the continent. This translates to a surge in intra-African trade, expected to reach a staggering $50 billion by 2025 according to the World Bank. But to unlock this potential, efficient cross-border payment solutions are […]
Why Africa-to-Africa Money Transfers Matter
In recent years, there has been a surge in migration from the African continent to other continents, like Europe and North America. This trend has fueled the establishment of a number of money transfer services on the demand for cross-border transactions. Highlighting their success in facilitating international payment for Africans living abroad, majority of them […]
Sending Money Across Africa: A Continent on the Move, but Stuck in Slow Gear
Africa is booming. Intra-continental trade is on the rise, with businesses increasingly looking to regional markets. Yet, one crucial element is stuck in the slow lane: cross-border payments. Sending money between African countries can be a frustrating experience, riddled with high fees, long wait times, and a complex web of regulations. Here’s a look at […]