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Central Bank Of Kenya Urges Digital Transactions

PYMNTS

“Though the industry moved to enable interoperability of mobile wallets in 2018, this is limited to only P2P payments, and is yet to be expanded to both merchant and agent interoperability and even to work seamlessly at P2P,” according to the draft of the Kenya National Payments System 2021-2025 report. million people use M-Pesa.

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Jumia: How The ‘Amazon Of Africa’ Is Navigating A Pandemic-Induced Explosion In Digital Payments

PYMNTS

The only nation in sub-Saharan Africa with smartphone penetration above the global average, according to the Pew Research Center , is South Africa, where 51 percent of the population reports having smartphone. At a quick glance, Africa as a continent lags behind the rest of the world in terms of pushing its population of roughly 1.2

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Should QSRs Be Scared Of ‘Ghost’ Restaurants?

PYMNTS

The latest PYMNTS Order to Eat Tracker highlights how several major brands are embracing (or resisting) third-party delivery services, new models and new ordering solutions in an effort to win over customers. Recent data indicates that consumers increased their spending on online food delivery in 2019 by almost 15 percent year over year.

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The 2023 GonzoBanker Awards

Gonzobanker

Honorable Mentions – while this was a quiet year for M&A, we tip our hat to Atlantic Union’s acquisition of American National Bank and Eastern Bank’s acquisition of Cambridge Bank. million (that’s right million) of financial donations and support to the community in 2025. Expect more deals to be announced in 2024.

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How The Rise Of Private Labels Is Transforming The CPG Industry

CB Insights

Around the middle of the twentieth century, there was what The Atlantic called a “Cambrian explosion” of brands. Tide, Crest, Band-Aid, Lipton, and other branded packaged goods — and the conglomerates that manufactured them — reigned. Store brands from retailers were seen as down-budget choices. Table of Contents.

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Fashion Forward: How Tech Is Targeting Waste & Pollution In The $2.4T Fashion Industry

CB Insights

Even luxury brands are contributing to this problem. In this report, we examine how fashion brands are leveraging technology to make clothing production and consumption more sustainable, from the use of plant-based textiles and bacteria-based dyes to leveraging a blockchain-based supply chain to increase transparency.

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

New restaurant concepts are redefining how we think about food, pushing established brands to reinvent themselves, spurring entrepreneurs to be creative with visual platforms like Instagram and recipes like pea-based protein, and paving a new way forward for the idea of casual dining itself. Americans dine out more than ever before.