The fast-changing digital economy presents enormous prospects for the emerging economies of Africa. In Africa, the digital economy has emerged as an unstoppable giant that is growing at an unprecedented pace. Supporting this assertion, innovation commentators have conveniently argued that in the twenty-first century, we can ground the conditions for economic growth less on the accumulation of things and more on the flow of information, less on geographic centrality and more on electronic connectivity, and less on expanding consumption of scarce resources and more on intelligent management.
The twentieth century saw the economic rise of Asia through the significant economic rise of the “Asian Tiger” countries (Kojima 2000; UNCTAD 1996). But the twenty-first century has been dubbed the African century (Wikipedia 2016). Tech Crunch, renowned technology media company, recently published an article entitled “The Future Is African” (Nash 2015), which aptly described how Africa is unleashing innovation by combining mobile and Web technology to lead the world in the twenty-first century – the KINGS countries are leading this wave.
“I am not African because I was born in Africa but because Africa was born in me.” Among other philosophies, these timeless words from Kwame
Ecobank Transnational Incorporated (ETI), better known as Ecobank is a multinational African enterprise in the banking sector started in Lome, Togo with current operations in
On January 29, 2025, Nigerian remittance fintech LemFi announced the acquisition of Irish currency exchange platform Buttercrane in a strategic move to expand its services across Europe.