Let’s cross from consumer side to producer realm

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A user with the latest mySafaricom App. FILE PHOTO | NMG

I am keen on movements in the financial services, telecommunications, and logistics sectors and the last few weeks have seen a flurry of activity as listed companies announced their results and the steady stream of capital raise announcements and other significant regional business developments flowed in.

Some key developments here are; the expansion of the regional telecommunications opportunity as the Ethiopian market opens up, digital lender Tala closing on capital and partnership with Visa to leverage cryptocurrency for new business lines, Branch making a play for a microfinance operation giving it access to a regulatory tool to supercharge new products and state-controlled Ethiotel rolling out TeleBirr, its mobile money platform.

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Note: The results are not exact but very close to the actual.