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Thursday, 07 July 2016

Africa's ability to adapt is driving huge global innovations

MyBucks last week launched our Initial Public Offering (IPO) on the Frankfurt Stock Exchange (FWB), pleasingly fully subscribed and indeed at a particularly intriguing moment in European and no doubt world history. Germany, long the financial steward of the European Union, faces a challenge in assisting in the transition process for Great Britain’s departure from the EU, while holding the tiller from any socioeconomic squall that may rear from ‘Brexit’. Yet while confidence behind European ‘interconnectedness’ may at times such as these damper and no doubt only briefly, globalisation in practice has never been more effervescent. And while we may have become the first African-focused financial technology company to list on the Frankfurt Stock Exchange to exemplify this, it is African ‘fintech’, now reaching Germany and the world, which truly symbolizes globalisation at its core; for the dynamic, malleable and importantly, sustainable development boons driven by FinTech in Africa will be connecting our citizenries, creating jobs, empowering the next generation to achieve a confidence and independence they have never experienced before and will be ushering in a new era of opportunity on the continent and throughout a shifting marketplace in the world to come.

Source: uk.businessinsider.com