Mad Dog 21/21: Kenya Hear Me Now
March 12, 2012 Hesh Wiener
How do you win a war no matter how it turns out? You sell weapons to all sides. That is what IBM is doing in Kenya, where Vodafone’s Safaricom runs the fabulous M-Pesa mobile payment system. M-Pesa’s transaction volume dwarfs that of Kenya’s banks, five of which have now hired IBM to help them get a piece of the action. Meanwhile, Bharti Airtel, also powered by IBM, has similar ambitions in mobile telephony and micropayment. M-Pesa is an offspring of Islamic hawala funds transfer; this worries Interpol as it fascinates the Gates Foundation and cheers IBM. Everyone in |