By Ernst Wittmann, TCL Regional Manager for Southern & East Africa and Global Operator Account Manager for Africa Africa is a hotbed of mobile innovation and entrepreneurship, blazing trails in applications as diverse as mobile money (M-Pesa), e-commerce (Jumia and Takealot), smartphone-powered retail (Yoco and others), business to business platforms (like Twiga Foods, which connects small-scale farmers...

Standard Bank, the biggest bank in Africa by assets, is the first authorised bank to offer transactions through China’s Cross-Border Interbank Payment System (CIPS). The bank was granted license to offer CIPS transactions in June at the Lujiazui Forum in Shanghai. The system has since gone live and was recently inaugurated at a ceremony held...