To increase its user base across the continent and identify new business opportunities, uKheshe has appointed Mark Dankworth as executive director of uKheshe Africa. Introduced in November 2018, uKheshe is the micro-transaction platform that enables digital payments for the unbanked. Partnerships with Mastercard and Nedbank have enabled uKheshe’s functions.
Referencing the Global Findex, uKheshe indicates that 1.7 billion adults remain unbanked, with Sub-Saharan Africa accounting for 350 million (17%) of the global total. Therefore, the appointment of Dankworth as executive director of its African operations is a timely one, especially as the need for a cashless society rises, it says.
According to Dankworth, since its inception, uKheshe has established that financial inclusion is vital for the overall growth and prosperity of the continent.
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