Welcome to the ‘Silicon Savannah’

“Nairobi’s tech boom began with M-Pesa (Swahili for “mobile money”), one of the world’s first cashless payment systems operating exclusively on mobile phones. Launched in 2007, more than 40% of Kenya’s population now uses the service—it’s estimated M-Pesa processes more than 10% of Kenya’s annual GDP.”

Read the full article here.

Microfinance 3

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