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New push fuelling rise of digital finance in Eastern Africa
The digitisation of small businesses supports the growth of the economy, given the important role they play in the wider economic picture. PHOTO | POOL
Digital finance is reshaping the African banking landscape through its ease of use and focus on customer experience. In Southern and East Africa, the quick increase in internet access is creating a market for financial services seemingly out of thin air.
While lacking South Africa’s tradition in banking, Kenya’s high-tech approach has made it the most exciting market in the region, proving that a blank canvas can be used to great effect.