M-Pesa

See the following -

Tech Giant Kenya Shines Abroad With Little For Local Innovators

Charles Wokabi | Nation | October 29, 2012

As far as innovation in the technology world goes, Kenya stands among the giants, with acclaimed titles that have had a massive impact on the global economy. Read More »

The FrontlineSMS: Credit Story

Sharon Langevin | FrontlineSMS | February 16, 2011

Mobile money is spreading quickly across the globe. The ability to transfer funds from a mobile handset has been hailed as the key to extending financial services to the base of the pyramid. Read More »

Three Kids in a Garage

Aleem Walji | World Bank | May 23, 2012

As I think about social enterprises in the developing world, many emerge as responses to market and government failure. M-Pesa in Kenya, for example, emerged in response to unbanked people having no way to safely transfer funds within the country...Unless we pay attention to what’s happening around us, much smaller and nimbler actors will prove that neither access to capital nor knowledge is a sustainable comparative advantage.

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UK's Development Agency Funds Frontier Technologies to Development Challenges

The three-year Frontier Technology Livestreaming initiative was launched this week (1 November) at the agency's headquarters in London, United Kingdom, along with a report that singles out 10 technologies that fit its definition of 'frontier'.  These are technologies with the potential to "displace existing processes" and "reshape industry and communications, and provide urgently-needed solutions to global challenges like climate change", according to the report...

Unleashing The Power Of Data And Technology To Rebalance The World

Caroline Anstey | The Atlantic | November 19, 2012

Developing countries have moved from being the site of development initiatives to the transmitter of development innovation. Read More »

What The US Can Learn From Africa’s Booming Economy

Imara Jones | Yes Magazine | July 24, 2013

Seven out of the ten fastest-growing economies are in Africa. Behind that is a surge in healthy young people and an emphasis on local markets. Read More »

Why Kenya Is 10 Years Ahead Of The United States and Apple On Mobile Payments

Ethan Zuckerman | Nextgov | January 7, 2015

Apple’s product launches are covered with breathless enthusiasm usually reserved for royal weddings and vaccines for dread diseases. The recent launch of...ApplePay—which, if widely adopted, will allow Apple’s discerning customers to make electronic payments from their phones in situations where they would have used credit cards or cash. In other words, if all goes well, Americans will soon be able to do something that Kenyans have done every day for ten years.

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