“We have done a thorough due diligence on a number of countries in Africa and found which way to take and where to make our investments,”
says a spokesman for the company.
Punk Industries released on Saturday a press release on the company website (www.punkindustries.com):
“During 2022, Punk Industries has made thorough due diligence on the markets of some of Africa’s interesting countries and the possibility for the company to expand and invest in one of the world’s most growing and exciting continents.
Some markets have proven to be more favourable than others, partly due to the number of inhabitants, internet users and the increased possibility of doing a functioning KYC (Know Your Customer), something that previously could not be done in a satisfactory way, which has caused many American and European companies to hesitate in placing local investments.
The fact that the use of the internet has gone from almost nothing to a very large amount of smartphone users opens up a plethora of online services.
Punk Industries has therefore taken a closer interest in specific projects that will bring value to the company.
We are getting very close to the stage where we proudly will present the company’s exciting road map in Africa.“
Punk Industries will publish a detailed press release in the upcoming week, stay tuned with newsub for further updates.
Source: newshub
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