Posts Tagged ‘m-pesa’
It is too early to say whether it will truly take off, but Bitcoin is arriving in Africa.
Herman Singh explains why M-Pesa’s Kenyan model failed in South Africa in 2010, and why the revamped version will succeed.
“We will look back at this time as the golden age for Africa; the time to have started businesses. The time to have been born and to be young.”
Technology is linking potential customers to markets at a rate that would have seemed impossible even a decade ago
Esther Muchemi, CEO of Samchi Group, sees opportunity where others see challenges.
In a trend reversal, African technology has migrated to Europe.
Banks that don’t connect their clients to mobile wallets risk becoming increasingly irrelevant.
While Kenya made its name in software, a handful of entrepreneurs are now taking the leap into developing hardware.
From the moment M-Pesa launched in Kenya in 2007, Africa was heralded as the leader in mobile payment services.
Fibre-optic internet cables could leap-frog Africa into the future.
Sub-Saharan Africa offers tantalising potential for mobile financial services, but as yet there have been few success stories.
“Companies that fail to dig deep into the consumer psyche in African markets before making a move are bound to fail.”
With unbanked and rural populations, mobile commerce is a good way to reach African consumers.
Nigeria’s Interswitch Verve and M-Pesa in Kenya are mobile payment systems online merchants need to know how to use.
M-KOPA enables low income households to buy a d.light solar home system on an instalment basis.