Why does Kenya lead te world in mobile money?

Summary and link by Soraiya Shah

The saying is that ‘Money makes the world go round’. Well, in Kenya that is closer to the truth then perhaps anywhere else in the world! M-PESA was launched in 2007 by the country’s local mobile phone operator ‘Safaricom’ and literally translates to ‘Mobile (M), Money (pesa). An incredibly successful story that allows money transfers to take place seamlessly across the country at any time of the day or night and is now being replicated in other countries across the world!



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s