JOHANNESBURG/STOCKHOLM, Oct 15 - Africa, with its internationally recognised musical talent - and growing mobile phone use - is central to Swedish music streamer Spotify'sAs African artists such as Nigeria's Burna Boy and South Africa's Black Coffee are streamed across the world, the continent was seen as an obvious choice and is the home to more than a third of the company's 85 new markets.
Phiona Okumu, Spotify's head of music for Sub-Saharan Africa, told Reuters the company secured "alternative payment methods", namely M-Pesa, when it moved into Kenya in February., M-Pesa is used to send money, save, borrow and make payments for goods and services. Costs associated with opening bank accounts, the distance to financial institutions and the difficulty in meeting "Know Your Customers" requirements because of inadequate proof of"The past few years have seen an emphasis on shifting towards expansion of innovative banking services through mobile technology to capture lower income segments and the unbanked," a spokesperson for South Africa's Absa bankA trader is reflected in a computer screen displaying the Spotify brand...
Reuters
They need to get some residential development over there first..
this is terrible news
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Executive of the Week: Warner Music South Africa MD/SVP Strategy Sub-Saharan Africa Temi AdenijiWith the success of Ckay's 'Love Nwantiti,' Warner Music South Africa MD/SVP strategy Sub-Saharan Africa Temi Adeniji is Billboard's Executive of the Week. Africa way Thank you Davido I need that strategy abeg
Source: billboard - 🏆 112. / 63 Read more »
Up to 59 million COVID cases in Africa, World Health Organization estimatesThe Africa Centers for Disease Control and Prevention reported over 8 million COVID-19 cases since the pandemic started, but many other cases are undetected.
Source: Newsweek - 🏆 468. / 52 Read more »
Biden promises more vaccines, ties for Africa as Kenyatta visitsLeaders of US and Kenya promise to work together on climate crisis and ending violence in the Horn of Africa, although there appeared to be no headway on Nairobi's hopes on a trade deal.
Source: trtworld - 🏆 101. / 63 Read more »
Game Theory Boards Canadian Tibetan-Language Drama ‘Tenzin’; Netflix & UNESCO Team On Sub-Saharan Africa Short Film Comp – Global BriefsEXCLUSIVE: Game Theory Films has acquired Canadian rights to the Canadian Tibetan-language drama Tenzin. Co-directed by Michael LeBlanc and Joshua Reichmann, the film will have its world premiere a…
Source: DEADLINE - 🏆 109. / 63 Read more »
Executive of the Week: Warner Music South Africa MD/SVP Strategy Sub-Saharan Africa Temi AdenijiWith the success of Ckay's 'Love Nwantiti,' Warner Music South Africa MD/SVP strategy Sub-Saharan Africa Temi Adeniji is Billboard's Executive of the Week. Africa way Thank you Davido I need that strategy abeg
Source: billboard - 🏆 112. / 63 Read more »
Bake your apple butterWhy turning to the oven makes cooking pulpy apple puree easier and more stress-free.
Source: latimes - 🏆 11. / 82 Read more »