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Ann Cairns outlines Mastercard's role in using technology to make financial services secure in China

Another project he worked on is a residential apartment block in Manchester where young people live in small dormitory-like rooms and share first-floor spaces, which include communal space for studying, business meetings and hosting of small parties.

Apart from helping Africa's growing middle class to bypass the traditional, often more costly, retail channels, the e-commerce platforms are also making it possible for African producers to reduce many of the barriers to access markets around the world. This is crucial for Africa as it seeks to embark on a journey toward industrialization at a time when other regions already have extensive reach and presence in the world markets. E-commerce thus acts as a leveler for emerging African producers and industrialists looking to find foreign markets.

Another 30 percent will be used for marketing and increasing users. Up to 20 percent will be taken to expand and enrich the company's businesses.

Apex calculated that Nike earned .5 million worth of brand exposure just from Woods' final round, with Nike's swoosh logo featured on his hat, red shirt, pants and shoes.