Why Egypt doesn’t want an Africa-style mobile banking revolution

by Rashmee

Posted on October 5, 2015


For all that Egypt is playing up its African-ness, there is one sector where it doesn’t want any twinning: mobile banking. I have it on good authority. Hisham Ezz Al-Arab, no less. He’s chairman and managing director of Commercial International Bank (CIB), Egypt’s largest private-sector bank. But his other job is more important in the … Continue reading “Why Egypt doesn’t want an Africa-style mobile banking revolution”

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A measure of change: ‘Many Africans haven’t touched cash for months’

by Rashmee

Posted on October 4, 2015


The Fringe, which advertises itself as “your weekly five-minute tour of the world’s fastest growing economies”, quotes this startling claim by one Mr Ismail Ahmed: there are now people living within African cities who haven’t touched cash for months. Mr Ahmed should know. He is CEO and founder of WorldRemit, a UK-based startup that wants … Continue reading “A measure of change: ‘Many Africans haven’t touched cash for months’”

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Rashmee has lived and worked in several countries in the past decade, including Afghanistan, India, Haiti, Tunisia, the UAE, US and UK