Semiformal Economy news and trends

Mobile Loans Keep Africa’s Semiformal Economies in Business

November 23, 2022
Africa, FinTech, telco, mobile payments
Interviews & Exclusives
Mobile Loans Keep Africa’s Semiformal Economies in Business

November 23, 2022
Solopreneurs and micro-businesses are the lifeblood of Africa’s informal and semiformal economies, but when it comes to accessing working capital loans, they are typically underserved by most financial institutions. Related: Nigeria’s Underbanked Gig Workers Flock to One-Stop-Shop Financial Platforms In an interview with PYMNTS, Mina Shahid, co-founder and CEO at Ugandan FinTech startup firm Numida, […]