Browsing: McKinsey

World
Banks need to fear Amazon’s finance ambitions

Banks around the world have spent the past few years preparing for competition from small, nimble technology start-ups. It turns out the real threat may be Jeff Bezos. Financial institutions have parried the threat from fintech firms by

In-depth
Internet could add $300bn to Africa GDP

A new report by McKinsey & Company shows that use of the Internet in Africa could add US$300bn to the continent’s cumulative gross domestic product (GDP) by 2025. The report, “Lions go digital: The Internet’s transformative potential in Africa”, studies