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Bankless Banking Is Ready For Its Close-Up

YoungUpstarts

In Kenya and Tanzania, over 25 million people use the M-Pesa mobile payments platform, operated by Safaricom and Vodacom, with money sent via text message. Retailers have a variety of methods from which to generate transactions: using SMS text messaging, mobile application or the web.

India 100
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For tech to develop in emerging economies, the first obstacle is trust

The Next Web

industry in Tanzania. Riding the wave of global awareness for the need to stay competitive, Tanzania has taken some positive steps forwards, including government investments in a fibreoptic backbone as well as strategic initiatives around promoting start-ups. In one word, that issue is trust.

Ecuador 144
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Traveling the world, meeting startups: What We learned

The Next Web

Governments supportive of technology. In Africa in particular governments are very involved in promoting technology and see it as a future industry that will kick start the economy. In both Rwanda and Tanzania ministers for technology spoke about how they see technology as the future for their the economic wealth of their country.