Mobile banking

When Vodafone launched the M-Pesa mobile money transfer service through its subsidiary Safaricom in Kenya in February 2007, few could have predicted its success. Originally developed with funding by the UK’s Department for International Development, it has quickly outgrown its development roots. By April of this year the service had 9.5m active users and accounted for approximately $330m worth of person-to-person transactions.

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Interviews

Olusegun Obasanjo

“The reason I am‘re-inventing’myself as an investor... is because I was on the other side when I was in government. During that time I tried to create a conducive environment for investment into Nigeria, knowing fully well that you cannot talk of development and growth without investment”

Andrew Mitchell

“Ninety percent of all jobs around the world are created by the private sector, not governments”

Siegfried Russwurm

“Africa has grown into a focus area and the best proof is that the whole board has convened in South Africa to get a first-hand impression”

Adji Otèth Ayassor

“Our plan has been to attract investors by improving our business climate, making it easier for commerce in the country”

Stephen Chan

“Many countries are going through the protocol of holding an election... but the actual conduct of elections is not legitimate in itself”

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