Comet Cross Border solutions

comet cross border solution schematic

Africa Cross Border Limitations

Africa is a continent rich in human capital, talent, entrepreneurial stamina, mineral resources and is home to one of the fastest growing middle classes in the world estimated at around 350 million.

Despite the progress made, Africa is burdened by poor political leadership, currencies that are difficult to convert and old colonial borders that were drawn for administration rather than economic markets and are inconsistent with the growth of the large commercial markets such as COMESA.

Low banking and insurance penetration affects between 70-90% of the unbanked in Africa. This has led to a thriving informal exchange and remittance market which is largely cash driven that enables international commerce. Cash is risky, expensive and limiting in terms of credit growth, financial inclusion and bulk purchases.

Africa Diverse Markets Disparities

The overall scenario is that there is a disparity amongst the various nations involved in terms of cross border trading across the continent.

Comet Wallet integrates with Crypto Ecosystem

There is a compelling need to integrate all these nations and bring them into a common intra-Africa trading and financial platform. Comet integrates with blockchain backed by a Digital bank or financial network which will be the key foundation in building the cross border ecosystem.

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Features

flexible

Flexible.

secure

Secure

convinient

Convinient

Integrated

Integrated

Business Tools

Business Tools

Comprehensive

Comprehensive

Affordable

Affordable

The Company

Our Services

  • Money Transfer
  • Mobile Recharge
  • Bill Payments
  • International Cross Border
  • Merchant Bulk Payments