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Showing posts from January, 2011

Mobile Money Diffusion - Is Language a Barrier?

At the end of 2010 44 mobile money initiatives were operational in twenty two (22) countries in Africa. English-speaking countries accounted for 75% of total deployments with East and Southern Africa contributing twenty six (26) installations. Only ten countries (almost entirely from East and Southern Africa) were host to two or more MM operators implying limited competition on the continent. Fundamo , working with MTN , is a significant technology provider powering at least ten sites in 9 countries. Adoption of mobile money services is high in English speaking countries in Africa. Why?