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Africans will do better if we trade in our own currencies

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Delali Adiamah

The C.E.O of Waya Money, a mobile and web app providing payment solutions to businesses in Africa has challenged business owners to move away from trading with the dollar to using their own local currencies.

According to Delali Adiamah, one of the key strategies to relieving African economies from foreign control is by strategically moving away from pricing in dollars to doing business in African currencies. Doing business using the dollar is known to be the primary cause of inflation in most African countries, constantly affecting prices causing undue hardships to citizens.

He said this when he received the prestigious award for the mobile telecoms category in the just ended 40 under 40 awards held at the Kempinski Gold Coast hotel.

“At Waya Money we believe that African businesses can trade without the need of converting into the USD or any foreign currency “, he said

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Waya Money is a fintech company committed to providing B2B services to small and medium-scale businesses in Africa to allow for seamless business transactions and provide fast and efficient solutions for payments and remittances across Africa. The Mobile app allows users to buy airtime across borders for family and friends in different parts of the continent. Currently, Waya Money is committed to addressing the FX challenge by removing the hurdles of doing dollar conversion and providing relatively affordable transactions to support African businesses.

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