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Monthly Archives: July 2018

An Isolated Country Runs on Mobile Money

Hyperinflation and economic isolation have pushed this poor, breakaway republic closer to a virtual milestone than most other countries in the world: a cashless economy. Mobile-money services have taken off over the past decade in Africa; 1 in 10 adults across the continent—about 100 million people—use them. In Kenya, Vodacom …

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An Isolated Country Runs on Mobile Money

Global ports operator DP World plans to set up a logistics complex in Ethiopia to cater to the landlocked African countries, said Sultan bin Sulayem, DP World Group’s chairman & CEO and chairman of Ports, Customs and Free Zone Corporation. “We are planning to set up a logistics complex in …

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