Betting going extinctThe gambling sector in East Africa is in a “total mess” following the collapse of global sport in the wake of the coronavirus pandemic, a Ugandan betting company has said. All savings are expected to go into helping combat the coronavirus pandemic. The latest developments are in Uganda and Cameroon where the operator is waiving costs on transfers done with their mobile money platform. This is due to the sharp drop in the price of crude oil which is also related to the coronavirus pandemic. Kenya’s M-Pesa is one of the most efficient mobile money transaction platforms across Africa.
Source: Ethiopian News March 31, 2020 10:18 UTC