Chapter 662: Traveling Around the World

After ending their trip to Nigeria, Zhang Yida and his entourage went to Ghana, Côte d'Ivoire, Senegal and other countries that are also West African countries.

The per capita GDP of these countries is similar to that of Nigeria, or even slightly less, at about $2,000.

The population is also small, ranging from more than 10 million to 30 million people.

Because of the limited market potential, Trustar has less than 10 Chinese employees in the local area, which looks a bit miserable and deserted.

Zhang Yida's arrival made the local Chinese employees very happy, and they didn't expect the big boss to come to visit them in a place where these birds don't poop.

In the best local hotel, Zhang Yida, on behalf of the company, invited these pioneering employees to have a meal together, learned about the local business development, and expressed a few words of condolences, which moved these employees to a great extent.

Zhang Yida also promised that as long as he achieves results, he will not hesitate to pay dividends and stock options, and may be transferred to Lagos or other prosperous cities in Africa in the future.

Most of the Chinese employees who are willing to go to Africa are also coming for three times their salaries, and they have a very strong sense of dedication.

Zhang Yida's statement made them all feel like they were all bloody.

After sending Zhang Yida away, he changed his previous thinking and devoted himself to his work.

The local bars are gone, the beach vacations are aside, and they all want to be rated "advanced" this year, and then take the road of promotion and salary increase.

Zhang Yida and his entourage took off from Dakar Airport, the capital of Senegal, on a private jet, preparing to cross the Sahara Desert and head to Egypt in North Africa.

High in the sky, looking at the boundless desert, it is a little shocking at first glance, but it is a bit boring after watching it for a long time.

The Sahara is the largest desert in the world, with an area of 9.06 million square kilometers, almost the size of a Chinese country.

Senegal is almost 5,000 kilometers from Egypt, and the plane flew at Mach 085 and flew for nearly five hours to reach Cairo airport, almost half of the time over the Sahara Desert.

Egypt does not have the staff of Tranrui, but the headquarters of Ruixiang in North Africa, where the headquarters of Res and Ally in Africa are located.

North Africa, like the Middle East and West Asia, is predominantly Arab, with a green religion and women wearing veils on the streets.

Objectively content moderation in these areas has also been done with great difficulty, recruiting a large number of local employees, just for fear of poking some kind of basket on religious issues.

With a population of 97 million and a combined national GDP of $269338 billion, Egypt is the third-largest economy in Africa and the largest in North Africa after Nigeria and South Africa.

GDP per capita is not high, only slightly stronger than Nigeria, almost $2,771, and not comparable to China's $10,000.

In addition to the inspection, Zhang Yida also visited the world-famous pyramids.

After staying there for two days, Zhang Yida and his entourage went south to Kenya, Tassania, Ethiopia and other countries in East Africa.

Here, Zhang Yida saw the pesa agent outlets that were rumored to be miraculous.

Even Bill Gates has highly praised Kenya's mobile payment, because PESA has enabled a large number of poor people to enjoy convenient financial services, learn to save money, reduce social costs, and benefit the entire economy of Kenya.

Many countries, including India and Romania, are learning from Kenya and want to engage in such a down-to-earth mobile payment in their own countries.

In Kenya, the volume of transfers initiated through -pesa can account for 80% of the country's GDP, while the figure of PayBey in China is less than 6%.

With such a high market share, the development of Palpay's business under Chuanrui is very difficult.

Not only Palpay, but also mobile payment companies and local startups from other countries are also facing the monster of Pesa, which is also a headache.

Since you can't beat it, let's cooperate!

Under Reeves' recommendation, Zhang Yida also met with the senior management of -PESA on behalf of the company and negotiated a cooperation, planning to allow the company and the investment and financing to achieve international transfer and payment interoperability.

This will greatly facilitate the life of Chinese who go to Kenya to work or start a business, and local Kenyan people who go to China to do business or study abroad will also benefit from this.

Of course, these foreign exchange transfers must also comply with Chinese laws and regulations, and there is a limit on the amount of foreign exchange per person per year, not exceeding 50,000 US dollars.

In addition, the business of investment and financing is also jointly carried out with ICBC, and these businesses are carried out under the supervision of relevant departments.

Whether it is traveling abroad or studying abroad, more than $50,000 is suspected of transferring property.

Chinese tycoons buy property overseas and squander it, in addition to domestic guarantees and foreign loans, to intercept the profits of their overseas registered companies.

If the money is not remitted back to China, it will naturally not be subject to foreign exchange supervision.

Including Zhang Yida, there are also a large number of companies registered overseas, and the profits have not flowed back to China.

This is not to facilitate the operation of overseas capital, but mainly to facilitate the operation of overseas capital.

......

The news of the establishment of the "Wakanda Fund" spread so quickly that even Kenya knew about it.

Zhang Yida guessed that it must have been spread by Nigeria's big-mouthed officials.

But he didn't get angry, if you don't make an investment, don't come up with some gimmicks, who knows about you?

The Kenyan government attaches great importance to education and fintech including mobile payment, so at the repeated invitation of the local government, Zhang Yida decided to give a public lecture at the University of Nairobi in the capital, on the theme of "African opportunities in the context of technology entrepreneurship".

Two years ago, Jackma also gave a lecture at the University of Nairobi, which attracted a large number of Kenyan university students and young entrepreneurs.

Zhang Yida's international reputation is no weaker than Jackma's, and his identity as a shareholder of Transsion alone makes Africans admire.

Transsion is a well-known brand for Africans, and its advertising slogans are plastered all over the streets and alleys of Africa.

An African may not know Ahri, Penguin, or Ruixiang, but he must know Transsound.

Zhang Yida doesn't play with those empty heads, saying that he will train 100 African entrepreneurial heroes in 10 years, and bring 200 African entrepreneurs to Lin'an for training.

Zhang Yida spoke directly about the current shortcomings of Africa's Internet infrastructure.

He has visited so many African countries along the way, and has a relatively clear understanding of the Internet situation in each country.

Do not exaggerate or belittle too much, and objectively analyze the real problems in a realistic manner.

Zhang Yida also compared many domestic technology models, such as financial technology such as mobile payment, and local life including food delivery.

Zhang Yida also emphasized that it took China 20 years to get the Internet to where it is today.

African entrepreneurs must also have the spirit of perseverance and deepen the market in order to usher in the final harvest.

Some little black faces were unhappy, and Zhang Yida almost said that the African Internet was useless, which made it a little difficult for them to accept.

There are also some down-to-earth young entrepreneurs who feel that Zhang Yida sees the problem to the point and is very insightful.

In the end, Zhang Yida moved the Wakanda fund out, and directly surfaced, this initial fund with an initial size of 100 million US dollars was invested in the entire African market.

Entrepreneurs with ideas can browse the official website of Wakanda Fund after a while and send the business plan to the mailbox of Wakanda Fund.

As long as the project is good and has investment value, Wakanda Fund will definitely help these entrepreneurs to build their own "Wakanda Business Kingdom".

The field finally ushered in, and Xiao Hei was very excited.

These people are all high-level intellectuals, and they have basically watched the movie "Black Panther", and they all aspire to become heroes in Africa and build their country into prosperity and strength.

Zhang Yida, the Wakanda fund, is very much in line with their appetite, and they feel as if they can start their own epic road by accepting the investment of the Wakanda fund.

After leaving Kenya, Zhang Yida took Zhao Erya to Tanzania, and every June is a good time to see the great migration of East African grassland animals.

An army of millions of animals ran over the vast prairie, and the scene, that momentum, was exciting to think about.