Singapore
ONE of the world's leading mobile-money markets is farther afield than many might venture - but Kenya, on Africa's east coast, is fertile ground for Singapore firms tapping the digital economy. And other countries on the continent are no slouch, either.
Government agency Enterprise Singapore (ESG) helped 10 home-grown digital companies in their move to Africa in the past year, according to figures provided to The Business Times - a sizeable chunk of the 60-odd Singapore businesses it has supported there.
"The new wave is actually the technology type of companies in the digital space, in the services sector," said Singapore Business Federation (SBF) assistant executive director Cody Lee,...