(Article by Cornelia Tremann on lowyinstitute.org/the-interpreter. Photo credit: Getty Images)
“…earlier this year, Huawei introduced into the African market the Mate 40, a smartphone with a pre-installed e-CNY wallet that uses the DCEP network. It appears that China’s secondary focus may very well be Africa – with an eye towards disrupting the global financial system…”
Read the article: https://bit.ly/3oq4hiA
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“As the digital economy continues to generate billions of dollars across the world, Kenya is gambling on its youth to lead the African tech charge. In a world dominated by trade wars between the US and China, many third world governments have embraced technology to create employment for the youth and lift millions out of poverty. However, training remains a huge challenge, particularly on a continent still grappling with basic needs. In this vein, Kenya’s partnership with the Chinese technology company Huawei offers the youth a chance to acquire skills for the digital economy. “
Source: https://allafrica.com/stories/202009180020.html
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