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UAE blockchain project eyes Africa growth through M-Pesa deal [Yahoo! Finance]

Vodafone Group Plc - American Depositary Shares each representing ten Ordinary Shares (VOD)  More Company Research Source: Yahoo! Finance
US:NASDAQ Investor Relations: vodafone.com/content/index/investors.html
It marks the latest step in efforts by the Emirate to establish Abu Dhabi as a global financial hub and bolster ties between the Gulf and Africa . The ADI Foundation, which is backed by the digital arm of a $240 billion conglomerate chaired by the UAE president's brother, aims to bring 1 billion people onto its blockchain, ADI Chain, by 2030 by providing access to its blockchain infrastructure in emerging markets. The mobile money service M-Pesa — which allows customers to send and receive money, and pay for goods — has more than 60 million monthly users across eight African countries. Huy Nguyen Trieu, council member on the ADI Foundation's board of advisers, told Semafor a “large proportion” of the users targeted would be in Africa, and a memorandum of understanding agreed with M-Pesa this month was part of a drive to scale up access to the ADI Chain. “M-Pesa has been amazing in terms of financial inclusion,” he said during an interview in Abu Dhabi this month. “Our view is tha [Read more]
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UAE blockchain project eyes Africa growth through M-Pesa deal [Yahoo! Finance]

Vodafone Group Plc - American Depositary Shares each representing ten Ordinary Shares  (VOD) 
More Company Research Source: Yahoo! Finance
US:NASDAQ Investor Relations: vodafone.com/content/index/investors.html
It marks the latest step in efforts by the Emirate to establish Abu Dhabi as a global financial hub and bolster ties between the Gulf and Africa . The ADI Foundation, which is backed by the digital arm of a $240 billion conglomerate chaired by the UAE president's brother, aims to bring 1 billion people onto its blockchain, ADI Chain, by 2030 by providing access to its blockchain infrastructure in emerging markets. The mobile money service M-Pesa — which allows customers to send and receive money, and pay for goods — has more than 60 million monthly users across eight African countries. Huy Nguyen Trieu, council member on the ADI Foundation's board of advisers, told Semafor a “large proportion” of the users targeted would be in Africa, and a memorandum of understanding agreed with M-Pesa this month was part of a drive to scale up access to the ADI Chain. “M-Pesa has been amazing in terms of financial inclusion,” he said during an interview in Abu Dhabi this month. “Our view is tha [Read more]
IMPACT SNAPSHOT
EVENT TIME:
VOD
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Price Change %
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%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS