Ornico CEO, Oresti Patricios was recently featured on one of the most influential business show in Africa on radio 702, which forms a large part of public discourse from a media perspective.
Ecommerce, in the form of online shopping and online banking, is often held up as the key to prosperity in Africa — a way of ‘leapfrogging’ past the obstacles of poor infrastructure. But there is a flipside to this convenience: the ever-present threat of fraud. Wherever money changes hands, you’ll always find someone who wants to take it away illegally, and buyer, seller and banker are all potential targets.
Open Africa asks Peter Allerstorfer,founder and MD, Silvertree Investment Holdings, about the investment potential of the technology sector in Africa in general, and ecommerce in specific.
While poverty in Africa has declined, number of poor has increased – excerpt from Poverty in Africa, with research and insights by: Kathleen Beegle, Luc Christiaensen, Andrew Dabalen and Isis Gaddis.