“Only a few years ago, places like Muruguru didn’t even register in the plans of handset makers and service providers. What would a Kenyan farmer want with a mobile phone? Plenty, as it turns out. To the astonishment of the industry, people living on a few dollars a day have proven avid phone users, and in many parts of the world cellular airtime has become a de facto currency. The reason is simple: A mobile phone can dramatically improve living standards by saving wasted trips, providing information about crop prices, summoning medical help, and even serving as a conduit to banking services. “The cell phone is the single most transformative technology for development,” says Columbia University economist and emerging markets expert Jeffrey Sachs.”
Link: Upwardly Mobile In Africa (businesweek.com)
Post a Comment