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In 2021, the annual value of card transactions in the Nigeria cards and payments market was $18.2 billion. The market is expected to grow at a compound annual growth rate (CAGR) of more than 18% during the forecast period.
To enable digital safety, Ghana and Kenya authorities have ordered the deactivation of unregistered SIM cards.
The state of the nation is another factor for talent wanting to “Japa”- the term used in Nigeria for brain drain.
An analysis by McKinsey estimates that Africa’s financial-services market could grow at about 10% per annum, reaching about $230 billion in revenues by 2025.
Africa's crypto frontier may still be in its early days, but investments, interests, and innovations in the sector are on the rise.
Although not instantly, Starlink's entry into Nigeria will be a catalyst for individual productivity, business efficiency and the growth of the economy.
With the switching license, AppZone will further expand its transaction switching and processing services currently offered to banks and fintechs through its blockchain-based payment network, ZONE, launched in December 2021.
Russia’s invasion of Ukraine brings the risk of serious macroeconomic impacts: a slowing of economic growth, even higher inflation, possibly even stagflation, rising unemployment and falling consumer confidence.
First proposed by Ethereum co-founder Vitalik Buterin, the Scalability Trilemma refers to a blockchain’s ability to balance three core fundamentals that determine its functionality and operability– security, scalability, and decentralization.
Gross Domestic Product (GDP) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific period, according to Investopedia.
Tech Word For The Week is a weekly series where we look to explain commonly used words in the tech ecosystem in a simple, engaging way.
The festive season is here again. A season where we spread love and give gifts. Finding the perfect gift for our loved ones might seem difficult due to the glut of options you can choose from.
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