Since the progressive liberalization of the Chinese economy initiated by Deng Xiaoping – leader of China from 1978 to 1989 – in 1978, Chinese companies have been growing on the domestic market and new markets worldwide. However, with a total value of 170 billion USD in 2013 for Chinese trade in Sub-Saharian Africa (SSA) and a growing investment […]
In November 2010, the Financial Access Initiative – a consortium of researchers from New York university, Harvard, Yale and Innovation for Poverty Action – published a study showing that half of the world population is unbanked, the equivalent of 2.5 billion adults. Not having a bank account, these adults do not have access to the […]