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Edzai Zvobwo, founder and CEO of Acalytica shares his lessons and experience from the African Startup Conference held in Algeria (5-7 December 2024).
The episode "Unlocking Opportunities in Cash-Heavy Economies" discusses the challenges and prospects of operating in economies where cash transactions dominate.
It highlights that while cash-heavy markets can pose obstacles such as limited financial inclusion and operational inefficiencies, they also present unique opportunities for businesses and financial institutions to innovate and drive digital transformation.
By leveraging technology and understanding local consumer behaviours, companies can develop tailored solutions that facilitate the transition from cash to digital payments, thereby enhancing economic growth and inclusion.
Support the show
Visit https://acalytica.com
Edzai Zvobwo, founder and CEO of Acalytica shares his lessons and experience from the African Startup Conference held in Algeria (5-7 December 2024).
The episode "Unlocking Opportunities in Cash-Heavy Economies" discusses the challenges and prospects of operating in economies where cash transactions dominate.
It highlights that while cash-heavy markets can pose obstacles such as limited financial inclusion and operational inefficiencies, they also present unique opportunities for businesses and financial institutions to innovate and drive digital transformation.
By leveraging technology and understanding local consumer behaviours, companies can develop tailored solutions that facilitate the transition from cash to digital payments, thereby enhancing economic growth and inclusion.
Support the show
Visit https://acalytica.com