Electric cars and shared mobility concepts are starting to disrupt Africa’s taxi industry. Just a few years after cab-hailing apps upended the market and made city transportation cheaper and safer, they're now about to get greener.
Financial services are now just a dial away for millions of Africans as it emerged more than half of phone users in a recent survey processed payments and other monetary transactions on their mobile phones and uptake has surged so much that a recent survey called Africa "the epicentre of mobile money".
Kenyans are trading cryptocurrencies directly with each other ("peer to peer transactions" or P2P) more than elsewhere in the world. Residents of other African countries are also jumping at the opportunity to cushion remittances and cross-border businesses from costly transfer fees and the risks of weakening currencies.
