South African-Nigerian billionaire, Xolane Ndhlovu, has launched the Digital Bank of Africa. Also known as DafriBank, the Digital Bank of Africa is an all-encompassing digital bank founded by Ndhlovu to serve as an electronic payment platform for digital entrepreneurs and traders. Born 35 years ago in South Africa to a Nigerian father and a South African mother, Ndhlovu’s inquisitive mind has seen him transverse other nations in the continent including Zimbabwe, Nigeria and Tanzania, before settling in South Africa in 2001. To bypass restrictions by any government, DafriBank Digital adopted certain measures, including adding an extra feature called Bank Agent. It will house the best digital banking systems providing payment solutions to an array of businesses and platforms.

Source: The Guardian July 07, 2021 21:45 UTC