With money for building African infrastructure drying up in China, the future looks brighter for fintech investments.
Instead of visiting a bank, Nigerians who need to move money are now just as likely to visit a street market and speak to an agent working for OPay, a Chinese-backed fintech company. These agents form part of a vast network that has propelled OPay to market leadership in Africa’s largest economy. It’s one example of an emerging fintech scene in Africa that has benefited from Chinese expertise and investment to keep up with the rest of the world.
This week, The Wire explores the path OPay
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Jen Easterly, the eccentric director of the Cybersecurity and Infrastructure Security Agency (CISA), has huge support when it comes to her number one priority: fighting back against Chinese cyber attacks. But to actually solve the China hacking problem, she'll have to figure out how to line up both the private sector and the politicians who are skeptical of CISA.
The former Xinhua journalist talks about why he launched his popular newsletter Pekingnology, wolf warrior diplomacy and why more U.S. journalists are needed in China.
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