Its payments arm Ant Financial is to expand into Africa , in a partnership with the UN 's Economic Commission for Africa ( ECA ) and the International Financial Corporation . Ant Financial will target small businesses and unserved consumers , such as displaced persons and refugees , in the collaboration , which is aligned to the 2030 global sustainable development goals and the African Union 's Agenda 2060 , aimed at ending child poverty and improving lives . The partnership will help people benefit from the African Continental Free Trade Area " , the company said .
Alibaba payments arm Ant Financial is to expand into Africa, in a partnership with the UN's Economic Commission for Africa (ECA) and the International Financial Corporation. Ant Financial will target small businesses and unserved consumers, such as displaced people and refugees, in the collaboration, which is aligned to the 2030 global sustainable development goals and the African Union's Agenda 2060, aimed at ending child poverty and improving lives. The partnership will help people benefit from the African Continental Free Trade Area agreement, the ECA said.