2011/11/10

My Way News - Industry says Africa fastest growing mobile market
My Way News reports: "Africa is the world's fastest growing mobile phone market and soon poised to have 735 million people using their phones for everything from transferring money to tracking animals for wildlife studies, an industry group said Wednesday [...] Many African consumers, particularly in rural areas, often lack easy access to bank branches. Earlier this year, global credit giant Visa paid $110 million for Fundamo, a South African company that helps mobile companies and banks allow their customers to instantly transfer money between phones."

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