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Tag: mobile money

Technology Evolution and Revolution in Africa

Technology Evolution and Revolution in Africa

Chances are you have never heard of the company Huawei.  Founded in 1988, this somewhat secretive Chinese company has become the fourth largest telecoms equipment and service company in the world, just a few billion in revenue behind Nokia.   Huawei, with Chinese handset manufacturer ZTE, have prime access to China’s $59 billion 3G market that continues to grow exponentially.  But, as with other Chinese firms, Huawei’s global aspirations in the 1990’s took them to Africa to build the growing…

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M-PESA and Mobile Money in Kenya

M-PESA and Mobile Money in Kenya

I’ve now been in Nairobi for two weeks and have settled in well.  I moved into my fairly upscale apartment in Kilimani, a section of Nairobi that is the beating heart of the tech and social enterprise scene here.  Up until last Saturday, I was sleeping on a mattress on the floor.  The landlord wanted to deliver a new bed frame, so I needed to let the movers into the apartment.  It was a total gong show getting this frame…

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