Dial 'M' for 'Mackerel': Can New Mobile Services Promote Economic Empowerment?

Mobile phones now easily outnumber fixed lines in many developing countries, spurring telecom providers to roll out mobile services tailored to these customers. One of the most striking examples is mobile banking in Africa, particularly after the success of mobile payment services like M-Pesa in Kenya, a country counting some 15 million handsets today compared with only 15,000 ten years ago. more