🎙 The market has changed with a young population with a preference for digital solutions, where Fintechs have occupied and impacted the economic growth of countries through the expansion of financial inclusion to underserved consumers in rural areas.
🎙Mastercard's $5.2 billion investment in MTN's fintech subsidiary sparks a 10% share surge, amplifying collaboration's pivotal role in African fintech growth.
🎙Global air passenger traffic exhibits impressive recovery, with June seeing a remarkable 31% YoY growth, reaching 94.2% of pre-pandemic levels. H1 2023 reports a substantial 47.2% increase YoY, with international traffic surging by 33.7% in June alone, attaining 88.2% of pre-Covid levels.
🎙The annual inflation rate in Ethiopia eased slightly for a fourth consecutive month to 28.8% in July of 2023.
