Lack of traditional banking infrastructure has fed African mobile money as unusual tech hotspot
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Sub-Saharan African Mobile Money Revolution
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Daniel Penisten (aka: Dan 1, Scolos Narbarson) says
I was not aware of this situation in Africa and North Asia.
Are these online currency accounts an offshoot of the world banking system, or is it an independent development?
Wouldn’t it be ironic and a thing of beauty, if these developing nations were leading the way to other prosperity systems besides the banking system that dominates today?.
Daniel Penisten (aka: Dan 1, Scolos Narbarson) says
By the way. The text of this article is partially blocked by the sub window on the right side of this page.
Adrian Tawfik says
Thanks Daniel! I appreciate your help and comments. There is something up with the service I use to post articles and I hope it fixes itself soon! But this revolution in Africa is real and driven by tech companies. It is not completely separate from the world financial system I think but it is a sign of how things are changing – for the better hopefully. At least people in these areas are gaining access to credit services finally.