China's race to tech supremacy: Embracing Africa
FT Tech Tonic
00:00
Chinese-Operated Loan Apps in Nigeria
The chapter delves into the operations of Chinese-owned loan apps in Nigeria, revealing aggressive debt recovery tactics employed to collect loans. It raises concerns about privacy violations such as sending inappropriate messages and sharing borrowers' personal photos. The narrative sheds light on the impact of Chinese companies on Nigeria's financial system and tech industry, discussing the challenges and adaptations in the local business environment.
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