Africa Needs to Harness Technological Advances to Enable Digital and Financial Inclusion

By Mark Elliott, Division President of Sub-Saharan Africa at Mastercard In the last few years there has been a great focus on the opportunities that digitization offers Africa. Not only does digitization have the power to drive socioeconomic growth but research reveals that even a one percent increase in electronic payments has the potential to […]

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Shedding Light on the Informal Economy: Technology and Partnerships to Drive Next Wave of Financial Inclusion in Africa

By Mark Elliott, Division President of Mastercard Southern Africa Despite positive advances in financial inclusion on the continent, 95 percent of all consumer payments in Africa are still made in cash. Why is this such a bad thing? For the people and microentrepreneurs who are trapped in cash-only systems, it’s much harder to grow a […]

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