Tingo Inc. (IWBB) Is ‘One to Watch’
Investor appetite in Africa continues to be robust, attracting $407 billion of Foreign Direct Investments (“FDI”) between 2014 and 2018 Agriculture makes up 23 percent of sub-Saharan Africa’s GDP and 60 percent of employment Tingo directly benefits the African economy by helping farmers gain better prices for their crops The company enables more efficient markets via greater distribution of agricultural products Tingo directly provides an access point to technology for tens of millions of Africans The company is expanding into fintech banking services for the mass market, providing access to financial services through Tingo Pay, its proprietary mobile wallet application…
