View: China’s Digital Silk Road tightens grip on Africa
2 Articles
2 Articles
View: China’s Digital Silk Road tightens grip on Africa
Alexis’s viewBuilding digital infrastructure in Africa is easy to announce, but difficult to do: That’s a clear takeaway from comments by Kenya’s president that confirm our scoop, reported last year, that a $1 billion data center project backed by Microsoft and UAE firm G42 won’t go ahead. President William Ruto’s remarks, which we’ll get into in today’s briefing, crystallize the challenges faced by non-Chinese actors — who must grapple with bal…
Digital Finance Geopolitics: China’s Web3 Push in Africa and the Battle for Payment Dominance
: China’s Web3 Push in Africa and the Battle for Payment Dominance Picture a young man in Nigeria swapping crypto to dodge wild Naira swings. Or a Kenyan farmer grabbing a quick microloan on her phone. These stories show how fast Africa’s money world is changing. Digital payments are booming, pulling in global players like China and Web3 tech. This isn’t just about cash—it’s a where control over money flows decides power. Africa’s Explosive Cryp…
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