Governments and logistics agencies across the region are accelerating digital adoption through digital trade platforms and interoperable payment systems.
By
Simba J. Huni
Global Business Development Manager
CapitalPay International
A container travelling from the Port of Mombasa to Kampala still leaves behind a long paper trail of invoices, multiple payment gateways and days of reconciling fees between clearing agents, transporters and banks. The result is tied-up working capital, limited transparency and higher costs that are eventually passed on to consumers.
Today, a Kenyan business can sometimes receive money from Europe faster than from another African country. No trading bloc can…
Tanzania's payment system is evolving from cash to digital, with real-time infrastructure and smarter tools driving business…
To truly unlock the macroeconomic benefits of digitised finance, a coordinated effort from multiple stakeholders is needed.
The opportunity is exciting. The transaction, however, is not always straightforward. How will the payment be made? How does each…
The number of merchants accepting digital payments increased to 2.79 million, up from 1.33 million in 2024
A shipment from Rwanda to the Central African Republic took four months by road, underscoring the barriers to Africa’s digital…
