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A digital revolution is quietly below manner in Africa, as dozens of digital wallets have sprouted on the continent for customers to switch cash digitally by means of their smartphones, a few of them powered by Chinese language know-how.One of many largest is M-Pesa, a cellular cash service established in 2007 by the Kenyan telephone firm Safaricom, utilizing an enterprise resolution offered by Huawei Applied sciences. The service now transacts greater than most banks in Kenya. Huawei additionally powers Ethiopia’s TeleBirr,…
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Huawei, Kunlun and China’s tech giants drive a quiet revolution in Africa’s fintech with mobile payment apps and wallets
