M-PESA Mobile phone recitation in the evolution world In 2005, there were 1.4 billion lively phone users in growing markets; the World Resources Institute estimates that there will be 3 billion by 2010.[1] In 2006, the mobile phone became the first-year communications technology to have more users in developing countries than in developed ones.[2] In 2004, Africa added almost 15 one million million new mobile phone subscribers; this was the equivalent to the total summate of fixed and mobile telephone subscribers in the continent in 1996. Some analysts predict that there will be fuddled to 200 million mobile subscribers in Africa by 2010.[3] By comparison the reach of the retail banking system in most African countries is very low. Mobile, bank account and internet usage in Kenya in 2004:[4] | |No. of mobile |Mobile sharpness |Adults with bank |Mobile population |Internet access | | |subscribers (2004) | |accounts |reportage | | |Kenya |2,546,000 |7.9% |10% |70% |1.3% | In five years, the publication of mobile phones in Kenya has grown from one million to 6.
5 million; the number of landlines remains at about 300,000, mostly in government activity offices. About 80% of Kenyan population is now cover by mobile networks.[5] M-PESA pilot programme In 2004, Vodafone’s Kenyan affiliate, Safaricom, was awarded match funding by the UK’s Department for foreign Development to develop services for extending the provision of micro-finance to the poor in East Africa.[6] £910,000 (48%) of funding came from DFID’s Financial Deepening dispute Fund and £990,000 (52%) from Vodafone.[7] Safaricom partnered with the Commercial Bank of Africa, which provided local banking services, and micro-finance company, Faulu, which provided local expertise, to image and test...
5 million; the number of landlines remains at about 300,000, mostly in government activity offices. About 80% of Kenyan population is now cover by mobile networks.[5] M-PESA pilot programme In 2004, Vodafone’s Kenyan affiliate, Safaricom, was awarded match funding by the UK’s Department for foreign Development to develop services for extending the provision of micro-finance to the poor in East Africa.[6] £910,000 (48%) of funding came from DFID’s Financial Deepening dispute Fund and £990,000 (52%) from Vodafone.[7] Safaricom partnered with the Commercial Bank of Africa, which provided local banking services, and micro-finance company, Faulu, which provided local expertise, to image and test...
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