Tag: fintech
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2020 Will be a Big Year in the China-Africa Tech Sector
China's role in the African tech market is rapidly evolving away from just being a source of low-cost electronics to becoming the indispensable player in the continent's rapidly developing market for digital services, networking equipment and venture capital financing.
The Rise of Chinese Private Sector Investment in Africa
Chinese investors have been wary of the African market. For a long time, China's cash-rich venture capital, private equity, and corporate investors have preferred the stability in the U.S. or the cultural familiarity in Southeast Asia's markets. Africa, in their view, ...
“We’ve Been Waiting for China to Go All-in in African Digital in Full.”
The Bloomberg BusinessWeek Podcast featured an interview in their weekly show with TechCrunch journalist Jake Bright who's broken of the deal news around the recent spate of Chinese venture capital investments in African start-ups. The discussion with Bright that focuses on ...
What African Banks Can Learn from Chinese Fintechs
In 2017, mobile technologies and services generated 7.1% of GDP across Sub-Saharan Africa, and Mckinsey found a sharp rise in the number of mobile financial services such as peer-2-peer borrowing, group savings and micro-loans among others. ...