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Questions and Answers
What was the innovation practiced by Equity Bank to address the last-mile delivery problem?
What was the innovation practiced by Equity Bank to address the last-mile delivery problem?
- Introducing formal postal addresses in rural areas
- Improving transport infrastructure in Africa
- Implementing a new communication system in remote areas
- Converting shopkeepers into banking agents (correct)
How did PZ Cussons innovate to meet the challenge of getting its products to customers in Nigeria?
How did PZ Cussons innovate to meet the challenge of getting its products to customers in Nigeria?
- By reducing its cost-to-income ratio to 49 percent in 2016.
- By setting up foot and motorbike delivery systems across Africa. (correct)
- By operating Coolworld stores to sell refrigerators, freezers, and other appliances.
- By creating a TV and radio ad campaign targeted at children.
What is the first lever for banks to get leaner in Africa?
What is the first lever for banks to get leaner in Africa?
- Improve frontline productivity through analytics and data
- Consolidate back-office functions
- Automate customer journeys
- Migrate distribution costs to digital channels (correct)
What did StarTimes, a Chinese broadcasting company, achieve within a decade in Africa?
What did StarTimes, a Chinese broadcasting company, achieve within a decade in Africa?
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What has led Chinese firms to win nearly 50 percent market share of Africa's international construction market?
What has led Chinese firms to win nearly 50 percent market share of Africa's international construction market?
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