Africa, Africa & China, ICT, Market, Technology

China’s WeChat on carving out a market in Africa

“The market for cross-border remittances in Africa is significant, and it is something that is definitely of interest to us in our long-term planning.”

This is according to Brett Loubser, CEO of WeChat Africa – a joint venture between Chinese internet firm Tencent and South African media giant Naspers. The social communications platform, which dominates the Chinese market, is now competing for market share in the African region where it sees potential for growth – How we made it in Africa

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