Nigeria has 167 million inhabitants, but there are only 25 million bank accounts. Conversely, the country boasts 90 million phone subscribers (and that figure continues to grow steadily).
Mobile banking in Africa has proved to very appealing to consumers. The best model so far, of a mobile money platform in Africa and in the world, has been Kenya’s
Mawuna Koutonin is a world peace activist who relentlessly works to empower people to express their full potential and pursue their dreams, regardless of their background. He is the Editior of SiliconAfrica.com, Founder of Goodbuzz.net, and Social activist for Africa Renaissance. Koutonin’s ultimate dream is to open a world-class human potential development school in Africa in 2017. If you are interested in learning more about this venture or Koutonin’s other projects, you can reach him directly by emailing at firstname.lastname@example.org.