The Group Chief Executive of Letshego Group, Aobakwe Monyatsi, has indicated that intra-African trade can unlock the continent’s true value and propel it to the next level.
Intra-African trade refers to the trade of goods and services within the African continent.
Letshego Holdings Ltd (“Letshego Group”) is an African multinational organization headquartered and listed in Botswana, focused on delivering inclusive finance solutions to underserved populations across its 11 sub-Saharan Africa footprint. With a staff complement of over 3,000, including both direct and indirect sales agents, Letshego supports over five million customers across Africa. Letshego is synonymous with leveraging innovation and technology to improve the lives of individuals who have limited access to traditional financial services.
Speaking about how Africa could be catapulted to the next level in an interview with Bernard Avle on Point of View on Citi TV on Wednesday, Mr. Monyatsi underscored that “I am passionate about intra-Africa trade because I believe it is through intra-Africa trade that we can unlock the true value of Africa.”
He added, “Letshego is well-positioned to play its role in facilitating intra-Africa trade.”
Mr. Monyatsi further opined that it was for this reason that Letshego, for instance, is running its ‘LetsGo Digital Mall’ initiative in which the group has invested over the past two years.
LetsGo Digital Mall is an interactive platform that customers can access via their mobile phones and online. It is a product of Letshego, a pan-African retail financial services provider that offers loans, savings, insurance, and other financial services to low and middle-income customers and small enterprises. The digital mall allows customers to make payments and transactions, save towards a goal, borrow funds, and insure everything that matters to them.