New electric boat brand launches in Norway ibinews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibinews.com Daily Mail and Mail on Sunday newspapers.
Oslo-based startup Pascal Technologies, formerly SES-X Marine Technologies, has collected €4.6 million (53MNOK) in a funding round from new investors along
SES-X Marine Technologies secures $5m investment, changes name ibinews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibinews.com Daily Mail and Mail on Sunday newspapers.
Passenger vs moto taxi driver. This is how the battle began. “I told you that I was going to pay you Rwf1000,” she told the taxi moto driver who had dropped her home from work on a Tuesday evening. An argument ensued. “Pay me Rwf1500 or else I won’t let you go,” the moto driver […]
COVID-19 Boosts Rwandan Cashless Economy
April 7, 2021COVID-19
CLEVELAND, Ohio Rwanda, the landlocked East African nation of 12.5 million people, received a burst of media coverage in June 2020, when its government, working with Pascal Technologies, provided free motor meters to 20,000 motorcycle taxis in Kigali, Rwanda’s capital. Rwandan taxi drivers had been without work for months during COVID-19. In June, not only did they return to work but they also received digital payment systems. This is a government effort to fully realize a Rwandan cashless economy by 2024.
Removal of Transaction Fees During COVID-19
The Rwandan government’s pursuit of a Rwandan cashless economy initially received resistance from consumers and merchants because of the transaction fees involved in using mobile money on cashless systems. Since COVID-19 might be spread by touching paper money and coins, the government used this to promote the Rwandan cashless economy. During COVID-19, the governm