SMEs

The country attracted our attention today is Tanzania located in central East Africa. The country is bordered by Kenya and Uganda to the north, Rwanda, Burundi and the Democratic Republic of the Congo to the west, and Zambia, Malawi and Mozambique to the south. Actually, Tanzania is one of the poorest countries in the world, being deprived its natural wealth and resources and totally dependent on help from the rest of the world.

As Saudi Gazette reported, Visa Inc, the world’s largest retail electronic payments network, Al Rajhi Bank and Microsoft have entered into a strategic agreement to provide financial solutions for small and medium enterprises (SMEs) that are adopting advanced technology into their business operations. According to the agreement, Al Rajhi will introduce the first Visa Microsoft co-branded credit card in Saudi Arabia - Visa-Microsoft “Aamal” credit card.