The money is primarily transferred using the M-Pesa mobile phone-based money transfer service
Finance
Open markets and free trade will help Africa help itself
Priti Patel, Secretary of State for International Development wrote this op-ed piece, originally published in the Sunday Telegraph on 9 July 2017, and was distributed by the UK Department for International Development
DTB and Mastercard partner to drive digital payments in Kenya
Diamond Trust Bank Kenya (DTB) and Mastercard have announced their partnership to roll-out the DTB Masterpass QR app in Kenya, a mobile payment solution that will enable millions of businesses to accept fast and secure digital payments from consumers
Mo Ibrahim Foundation announces the 2017 Leadership Fellows from Liberia, Botswana and Senegal
The three Ibrahim Fellows are Robtel Neajai Pailey (Liberia) who will join the African Development Bank (AfDB), Ndapiwa Segole (Botswana) who will join UN Economic Commission for Africa (UNECA) and Oulimata Fall (Senegal) who will join International Trade Centre (ITC)
Spillovers from China’s soft landing on developing Africa
China, the world’s second-largest economy, has assisted the African region through greater inflows of bilateral aid, trade, and infrastructure spending, especially over the past two decades – thus helping to raise the continent’s potential growth and business profile in external markets