Moment has been developed to address existing challenges and complexities of financial transactions in Africa. The platform combines various payment methods into a single unified solution, including mobile wallets, card payments, and bank transfers. By consolidating these payment options, Moment aims to simplify transactions for individuals and businesses, irrespective of their location or preferred payment method.
Africa, with its diverse economies and varying levels of financial infrastructure, has long faced hurdles in achieving seamless and efficient cross-border transactions. The integrated payment platform seeks to overcome these challenges to enable seamless cross-border transactions, eliminating the need for multiple intermediaries and reducing transaction costs.
In a move set to reshape the deep tech landscape, the International Finance Corporation (IFC) and Solcon Capital announced a strategic partnership to identify and support promising deep tech startups in South Africa.
Nigeria’s government has launched a series of ambitious initiatives aimed at transforming the country’s digital landscape, according to Communication, Innovation and Digital Economy Minister Bosun Tijani.
Leading global pharmaceutical company AstraZeneca has announced the launch of its Africa Health Innovation Hub to increase access to healthcare on the continent.
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