The $1.5 million project will support the implementation of digital trade facilitation systems in several African countries. Burundi, Kenya, Malawi, Rwanda, Uganda, Tanzania, and Zambia, are among the countries that will benefit from the project. The DATC project is expected to improve trade efficiency in Africa by reducing transaction costs, enhancing predictability, and reducing trade-related risks.
Egypt’s Minister of Communications and Information Technology, Amr Talaat, has inaugurated the Deloitte Innovation Hub, a new venture established with an investment of $30 million over three years.
MNT-Halan has become Egypt’s first unicorn after announcing a raise of over $400 million securitizationion issuances this year, solidifying its position as a leading player in the region’s financial technology sector.
Koree, a Cameroonian fintech company, has been crowned the winner of the 2023 Ecobank Fintech Challenge.
© 2021 Empower Africa. All rights reserved.