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Bitcoin service targets Kenya remittances with Cut-Rate fees

by Bloomberg

November 28, 2013 | 4:23 pm
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BitPesa Ltd., a Kenyan start-up, will take on remittance providers like Western Union Co. (WU) by using the Bitcoin virtual currency to cut transaction costs for Kenyans working abroad who send home $1.2 billion a year. The online service plans to start on a trial basis by March, after obtaining regulatory approval, and gain 1…

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by Bloomberg

November 28, 2013 | 4:23 pm
  |     |     |   Start Conversation

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Why hotel room rates may not reach the $300 mark soon

Why hotel room rates may not reach the $300 mark soon

With a seeming scramble for market share by international brands, the Nigerian hotel market is truly burgeoning. The market features...


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