Day: April 13, 2021

Post-Covid-19: A chance to leapfrog Africa’s development through digitalisation

By Jessie Duarte, Special Adviser on Africa to the UN Secretary-General Africa recorded remarkable economic growth in the first 15 years of the 21st century, largely because of positive trends in the export of primary commodities, among other factors. However, this narrative of “Africa Rising” was skewed from the onset, as it focused mostly on …

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Payment system launched for unbanked millions in Africa

According to The World Bank’s Global Findex Database, in 2015 there were 350 million unbanked people in Sub Sahara Africa. Global Findex statistics are regarded as the world’s most comprehensive collection of data still cited today, which analyses how adults save, borrow, make payments, and manage risk. By comparison, it is estimated that currently there are …

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