Life changes so fast and we don't even realize it sometimes. Not so long ago we used to pay for things in mostly cash (physical). Nowadays, fewer and fewer people carry cash around. Interestingly, this is not just a privilege for wealthier people but applies across all income levels in Afrika. The age of the cashless society is truly upon us but what else does it bring with it?
In this issue💬 :
Cashless Society: A cashless society means surveillance, it means possible censorship (of your money), unless it is crypto (to a certain extent).
Political Capital: Nigeria is not the first country in which MTN MoMo will be running in but it is likely to prove an important part of MTN's revenue-generating services. When you operate at the scale MTN operates, operating and investment capital is not sufficient. Political capital goes a long way to solving problems.
The Infodemic: Unfortunately, it is not only the pandemic we have to fight, we have the added burden of having to fight fake news around the COVID-19 pandemic.
Future Afrika: A glimpse of where we are headed based on some of the things happening today across the continent.
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