Can essential infrastructure drive the next wave of financial inclusion? Will utilities evolve into major players in consumer finance? And who should govern household data in this emerging market? For more than a decade, Africa’s fintech story has been synonymous with mobile money. Services such as M-Pesa reconfigured payments, savings and micro-lending, creating new business […]
Jobs were lost in the formal sector, as well as in trade, construction and private households
Although mismanagement and corruption play a role in the financial state of affairs at municipalities, it is not the only reason they are failing