Visa and Mastercard Make Bold Move: Investing in Africa’s Digital Wallets Amid Surging E-commerce Expansion

In a strategic move echoing their commitment to the burgeoning African market, Mastercard has recently solidified its presence by acquiring a minority stake in MTN Group Ltd’s financial technology arm, valuing the venture at a substantial $5.2 billion. This decision was underpinned by Africa’s ripe potential for mobile money proliferation, fueled by the absence of … Continue reading Visa and Mastercard Make Bold Move: Investing in Africa’s Digital Wallets Amid Surging E-commerce Expansion