Browsing: digitalizing Africa

Smartphone adoption in Africa remained sluggish in the latter part of the last decade. This is beginning to change as a combination of pandemic-driven demand for better connectivity and improved affordability of smartphones drive uptake.

According to a report by GSAM, by the end of 2020, 495 million people subscribed to mobile services in Africa, representing 46 per cent of the region’s population, an increase of almost 20 million in 2019.  It is estimated that 615 million people in sub-Saharan Africa will subscribe to mobile services by 2025, equivalent to 50 per cent of the region’s population.

• Utilizing the development of mobile digital technologies can assist farmers in gaining access to essential data and information needed to solve certain farming management systems and underlying constraints.
• It is estimated that 615 million people in sub-Saharan Africa will subscribe to mobile services by 2025, equivalent to 50 per cent of the

Much like it did in South America, EBANX wants to centre its strategy on collaborations and partnerships with global merchants. The company processes payments for Uber, Airbnb, and over 1,000 digital companies throughout Latin America.

In a statement, the CEO and co-founder, João Del Valle, explained that although Africa’s digital economy is still nascent, its exciting potential motivated his company’s decision. “Africa’s fast-growing digital economy is only in its early days, and it’s projected to grow up and to the right for the next few decades. Together with local players, EBANX will be a catalyst to realize the many benefits of a digital economy even faster.”

“Expanding our solutions to African countries speaks directly to EBANX’s mission of creating access, and having Pipefy as a merchant makes this moment even more special to us, expanding solutions and services throughout regions full of opportunities,” Paula Bellizia, the President of Global Payments …