Turning Silicon into Gold: The Strategies, Failures, and Evolution of the Tech Industry

© Griffin Kao, Jessica Hong, Michael Perusse and Weizhen Sheng 2020

G. Kao et al.Turning Silicon into Goldhttps://doi.org/10.1007/978-1-4842-5629-9_3

3. Cashless Cash

M-Pesa and the Rise of E-Currency in Africa

Griffin Kao¹ , Jessica Hong², Michael Perusse³ and Weizhen Sheng⁴

(1)

Wynnewood, PA, USA

(2)

Edina, MN, USA

(3)

Cambridge, MA, USA

(4)

Markham, ON, Canada

 

Dominated by vast swaths of savannah, lakelands, and mountain highlands, Kenya’s landscape is beautiful. These ecosystems support a wide range of flora and fauna that create a backdrop juxtaposed against a much less prosperous economic climate plagued by issues arising from widespread poverty and political instability. Indeed, a profusion of child labor, the lack of access to education, and rampant ...