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Kenya, Tanzania and Rwanda rank top for rapid digital growth, demand

The East African Wednesday December 16 2020 Summary Advertisement In the survey titled Digital Intelligence Index, Kenya is followed by Rwanda and Tanzania. Together, the three countries are categorised as “Break Out” economies for evolving rapidly and their significant growth. Growth in internet penetration, improved infrastructure and more young people who are digitally savvy are some of the factors that made Kenya and Rwanda more attractive to investors. In March, for example, Kenya and Djibouti were connected through the Djibouti Africa Regional Express 1 (Dare1) cable submarine with 30 Terabit per second boosting connectivity in the Horn of Africa. This adds to other cables serving Kenya such as Seacom, East African Marine System (Teams), Eastern African Submarine Cable System (EASsy) and Lion2 systems.

Mastercard lending momentum to unfolding digital payments landscape

Mastercard lending momentum to unfolding digital payments landscape 08:00 | 10/12/2020 Cashless payments are undoubtedly on an upward trajectory globally and regionally, highlighted by COVID-19 and governors expediting digital transformation. Safdar Khan, division president of Mastercard’s emerging markets in Southeast Asia department, shared with Celine Luu what key trends will shape the payment industry and how Mastercard creates a secure and convenient ecosystem to deliver seamless, top-notch contactless services to their customers. Safdar Khan,division president of Mastercard’s emerging markets in Southeast Asia The pandemic has been pushing digital transformation in Vietnam, which is also apparent in the growth of alternative payment means. Banks and fintech providers offer incentives to encourage cashless payment, while online grocery shopping and food delivery services jumped in demand. Retailers in Vietnam reported that orders by

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