Global Bitcoin exchange Igot has been granted access to the mobile money service M-Pesa, currently used by about 17 million Kenyans.
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The ‘My1963′ card enables passengers to pay their fares without using cash.
I live in the heart of Silicon Valley and am still dependent on a piece of plastic I have to carry around with me everywhere.
The continent’s mobile operators are investing in the new generation of start-ups.
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.