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Genesis Analytics
Source: Genesis Analytics |

Cloud-computing solutions can help significantly to reduce banking costs in Africa

Cloud computing creates an opportunity for providers of financial services to rethink their technology spend and significantly reduce costs

More than 700 million Africans lack access to a bank or mobile money account and only 41% of Africans are financially included. This is due to the high cost of providing financial services in Africa which forces many financial services providers to remain focused on serving wealthier customers. These are some…