Money in Africa

How the continent actually moves money, for anyone who did not grow up with a mobile wallet.

Being written

  • M-Pesa: how it works, and the two different M-PesasKenya’s and Tanzania’s share a name and not much else.
  • Savings groups, chamas and VSLAsThe rotating savings groups that move serious money without a bank in sight.
  • USSD, agents and floatThe machinery behind the wallet, and why it shapes everything built on top.