Mobile money in Africa
Development challenges and strategies
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Mobile money in Africa" is a book celebrating the revolutionary invention of mobile money in Kenya in 2007. This simple but powerful tool has promoted financial inclusion and improved the standard of living of the African population. The book explores the many issues surrounding mobile money, such as its potential as a monetary standard, the use of mobile phones as mobile banks, secure transactions, interoperability and the emergence of a digital financial ecosystem. The author also examines the mobile money development strategies implemented by the various stakeholders, such as the population...
Mobile money in Africa" is a book celebrating the revolutionary invention of mobile money in Kenya in 2007. This simple but powerful tool has promoted financial inclusion and improved the standard of living of the African population. The book explores the many issues surrounding mobile money, such as its potential as a monetary standard, the use of mobile phones as mobile banks, secure transactions, interoperability and the emergence of a digital financial ecosystem. The author also examines the mobile money development strategies implemented by the various stakeholders, such as the population, public authorities, banks, insurance companies, ICT players and the private commercial sector. A collaborative approach is proposed, involving banks and mobile operators, to maximise the benefits of mobile money. Finally, the book presents a case study on Côte d'Ivoire, a regional leader in mobile money in West Africa.
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