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State, a fast-growing international social communications network built around user sentiment and personal opinion, has been launched in South Africa. The London-based State was founded by British-Lebanese entrepreneurs and brothers Alexander and Mark Asseily. They want to change the way we look at social networks by

South Africans have been doing it for generations. Social lending, familiar to many in the form of groups like stokvels, has been a hallmark of how many people make do, outside of formal financial networks. Thanks to the Web however, social lending, also known as peer-to-peer (P2P) lending, has begun to take off in developed countries