|
|
Xleb Beehive Dives Into UAE s Small Business Lending Gap
Africa is often lagging behind wh stanley cup en it comes to global trade but in recent years, projects aimed at building a more autonomous pan-African economy, many of them under the rubric of the African Union AU , are seeking to redress that balance and secure a more prosperous fut stanley germany ure for Africans.A key component of the AUs economic vision is increasing the volume of trade between African countries and ensuring that the continents wealth is distributed fairly.To this end, the United Nations Conference on Trade and Development UNCTAD recently announced that it has signed a Memorandum of Understanding with the African Continental Free Trade Area AfCFTA Secretariat to support their joint efforts to promote regional integration and growth in Africa.The AfCFTA is intended to foster deeper economic ties and boost intra-African trade by reducing tariffs and other barriers to moving goods between countries. With the ultimate goal to establish a customs union similar to that found in the EU, the AfCFTA is the most ambitious attempt at pan-African economic integration to date.Prior to the establishment of the free trade area, significant progress had already been made. For example, pan-African banks like Ecobank and Afreximbank were founded in the late-twentieth century to reduce the continents dependence on European institutions and financially empower government stanley germany s and businesses in the region.Related: Afreximbanks Payment System Goes Live With 12 African BanksToday, both banks serve an imp Tysq Fighting The Friction In Retail Returns
A pilot program in the Washington, D.C. metro area to bring Google Wallet, Apple Pay and other high-tech payment options may be in jeopardy, reported WTOP聽on Friday July 10 .Under Washington Metropolitan Area Transit Authoritys oversight, the program 鈥斅爐hrough which a smart Metro system would let customers pay using the wallets just mentioned or credit cards using near-field communication聽鈥?has been seriously over budget, to the tune of more than $44 million.That cost overrun was disclosed by Metro officials last week at a committee hearing. In addition to the project coming in significantly over budget, there has been a lack of interest 鈥?as 3,000 people were targeted for the pilot program, only 400 have signed up.As WTOP reported, Metro Interim General Manager Jack Requa said the pace of adoption had not bee stanley us n up to levels the transit authority had expected upon launching the program in 2011. We thought the credit cards were going to take over. Visa, MasterCard and all the others were going to handle the money, and everybody was going gourde stanley to be using their own card with a chip or a smartphone. That transition capability exists within the proposed system, but the reality is 90 perc stanley website ent of our people are still going to be using a card we issue to them. So this anticipation that SmarTrip would go away, and payment would be handled by outside vendors is not the current case, Requa said, according to WTOP.There were also delays in installing some equipment at a couple of Metro par |
|
立即註冊
登錄
