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The future is mobile and African

By Dave Birch   May 2014

Rendile tribesmen: the M-Pesa system now handles 100bn Kenyan shillings a month © David Mbiyu/demotix

A decade ago, when my colleagues were working on the feasibility study for the now world famous M-Pesa system in Kenya, the idea that mobile phones would transform the economies of emerging markets was hardly mainstream. Yet the evidence is incontrovertible: as mobile phones have spread, they have brought access to information and, of particular interest to me, financial services. Access to financial services brings social inclusion, which transforms lives.

Kenya was an early adopter…

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