Tag: financial inclusion
The 2020 Mastercard Gig Economy Industry Outlook report indicates that there is rapid development of the global Gig Economy, projecting double-digit annual growth for the industry over the next five years. CNBC Africa spoke with Ngozi Megwa, Senior vice President, Digital Partnerships, Middle East and Africa at Mastercard on the purpose of the study and the impact this fast-growing industry has on the East African economy.
Mastercard has launched Fintech Express designed to facilitate emerging fintechs’ launch and expansion in the Middle East and Africa. With the power of partnerships and Mastercard’s expertise, technology, and global network, start-ups will be able to focus on innovation that drives the digital economy. On more on this we had a conversation with Gaurang Shah, Senior Vice President, Digital payments and labs for Middle East and Africa at Mastercard.
Voices are getting louder around the topic of financial inclusion and ownership in corporates. These efforts aim to change the status quo, so that we can build an inclusive economy amid and post COVID-19. The conversation around equity ownership for lower level employees in companies is gaining traction and Ian Fuhr, Founder of The Hatch Institute & Sorbet Group joins CNBC Africa for more.
The current pandemic has radically transformed the world of business, with many having to adapt fast and use unconventional methods to keep their businesses working. Dare Okoudjou, CEO and Founder of MFS Africa joined CNBC Africa on how to solve the money transfer challenge that is preventing African businesses from growing as much as they should.
Digital transformation is a regarded as a key to drive up financial inclusion in Africa and open banking is one of the trends that are reshaping financial services. Polys Hadjikyriakos, Chief Business Development Officer at NETinfo Plc explains why the continent should embrace it.
The Covid-19 pandemic is making businesses shift their models to working remotely, thereby making authenticated identity increasingly critical to unlock financial inclusion, drive e-commerce and financial services. Esigie Aguele, CEO of Nigerian KYC start-up; Verifyme joins CNBC Africa for more.
The great lock-down as it has come to be called accelerated the need for innovative ways as it became more evident that getting financial support to those most in need had become a practical challenge. But how quick could countries accelerate financial inclusion, Raghav Prasad, Division President, Sub-Saharan Africa, Mastercard joins CNBC Africa for more.
This week, Made in Rwanda cashless payment app, Nokanda, a product of software company, Hexacomb; rose to the number one spot on Google Play Store’s, “Top Free” category in Rwanda. The ranking, which often belongs to social media giants such as, WhatsApp and Facebook reflects a change in priorities for mobile users in the country. CNBC Africa spoke to Ernest Kayinamura, founder and CEO of the company for more.