Following the launch of M-Pesa in 2007, Kenya has emerged as a global leader in the development of mobile money and in increasing rates of financial inclusion. This paper shows how M-Pesa’s success has led to a series of endogenous innovations that have shaped Kenya’s digital space, plac...
The story of the m-Pesa’s penetration in the Kenya economy is a well-trodden yet exciting path into what feels like a taste of a cashless future. All that said, Kenya is not the country with the most adults holding mobile money accounts. It’s Bangladesh.
Bangladesh, a country of 165 million people bordering India and Myanmar, is undergoing a rapid economic and social transformation. Bangladesh is also witnessing a digital revolution.
Papua New Guinea (PNG) is now ranked by the World Bank as a lower-middle-income country, largely due to mining-related income. Yet, stepping into remote villages in the South Fly District of Western Province, along the southern border with Australia, one is viscerally confronted with the lack of nat...