Somaliland stands at the forefront of a mobile payment revolution. At over 30 mobile payment transactions a month on average, the average citizen of Somaliland is far ahead of the rest of the world’s average.
In late 2016 Senegal launched a cryptocurrency for the countries of the West African Monetary Union. This and similar innovations could provide a new infrastructure for economic development across Africa.
Rapid expansion of mobile money has lifted an estimated 2% of Kenyan households (some 194,000) out of extreme poverty
More dramatically, Konga sold 500% more items on the two days of Yakata sale than it sold the whole of 2012