By digitising 50 per cent of all national payments, Senegal’s economic growth would increase by more than US$177mn per year
Commerce
EIB pledges US$78mn to four companies in Kenya and East Africa
The European Investment Bank (EIB) has announced that it will support four new projects in Kenya and the wider East-African region with loans worth US$78mn
Temenos establishes South African “Bank of the Future”
Temenos, the banking software company has announced the launch of its South African “Bank of the Future” Think-Tank
Minister asks ITU delegates to support resolution on Somalia
Abdi Ashur Hassan, speaking at the 2018 Plenipotentiary Conference (PP-18) of the International Telecommunications Union (ITU) in Dubai, emphasised that the transformation of Somalias economy would come from efforts to ramp up technology capacity in the nation
Rwanda and Alibaba set up Africa's first e-trade hub
Rwanda became the first African country to set up an Electronic World Trade Platform (eWTP)