Kenya's Banking Revolution

January 2011
Time International (Atlantic Edition);1/31/2011, Vol. 177 Issue 4, p41
The article discusses the business venture of mobile banking technology in Kenya. It is suggested that the innovation can boost GDP (gross domestic product), increase revenue, and improve the lifestyles and banking opportunities for African people. Also included are examples of the banks, like Safaricom and Equity Bank, and their profits as well as a comparison of traditional banking with mobile banking.


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