Africa Gets a Pep Talk: TechCabal Daily : Afroconomy - Afroconomy
Pan African Edition
Markets
Nigeria inflation23.0101 percent
South Africa inflation3.2055 percent
Kenya inflation4.0691 percent
Ghana inflation14.2047 percent
Naira1,330.27 NGN per USD+0.18%
Rand16.2605 ZAR per USD-0.39%
Shilling129.53 KES per USD-0.03%
Cedi11.4406 GHS per USD-0.06%
Egyptian pound52.137 EGP per USD-0.1%
Dirham9.4901 MAD per USD+0.32%
Afroconomy
Mauritius

Africa Gets a Pep Talk: TechCabal Daily

In partnership with Lire en Français اقرأ هذا باللغة العربية TGIF. ☀️️ Trade finance can take days. In Mauritius, it took less than an hour. Mauritius Commercial Bank and Export Trading Group (ETG), a Mauritian ag

Afroconomy Intelligence
1 min readAI Summary
TechCabal Daily: sUber Migration
Credit: TechCabal

Mauritius Commercial Bank and agribusiness firm Export Trading Group said they completed Africa's first electronic Bill of Exchange transaction under Mauritian law. The transaction replaced paper trade documents and was completed in under an hour, in contrast to trade finance processes that can take days.

What did you make of this

Sign in to react and save stories. Reading is always free.

Be the first to comment

Sign in to join the conversation. Reading is always free.

    Spot an inaccuracy, policy breach or copyright concern?

    Related Reports & Analysis

    Moroccan Banks Expand Across Africa

    Moroccan Banks Expand Across Africa

    Moroccan banks are combining digital rollouts with cross-border investment, while benefiting from a domestic investment boom.

    Via African Business Magazine1 min read
    African Bank rings in changes to clear path for future

    African Bank rings in changes to clear path for future

    ‘We’re excited that African Bank is now serving a broader community; the challenge now is how the strategies we've embarked upon translate into a solid bottom line’ – board chair Thabo Dloti.

    Via Moneyweb1 min read