TravelTech needs FinTech in Africa
The travel sector has immense potential in Africa, but must bridge the fintech gap, writes JABULANI DEBEDU, principal consultant at BDO.
Africa’s travel and tourism sector has immense growth potential. But a major hurdle that first needs to be overcome is the large percentage of the continent’s population who remain unbanked, particularly when it comes to facilitating payment for travel and tourism services.
Additionally, there is a need to digitise existing products and services to enhance market access and the experience for all travellers and improve operational efficiencies for businesses operating in the sector.
Source: GADGET
