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Friday, July 6, 2018

Somaliland runs on mobile money






HARGEISA, Somaliland—Hyperinflation and economic isolation have pushed this poor, breakaway republic closer to a virtual milestone than most other countries in the world: a cashless economy.

Mobile-money services have taken off over the past decade in Africa; 1 in 10 adults across the continent—about 100 million people—use them. In Kenya, Vodacom Group Ltd.’s groundbreaking service M-Pesa, broadly considered the first major and most successful mobile-money technology platform, counts 26 ----
Read the article at the Wall Street Journal 
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