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Few countries can boast having a third of its GDP stored as mobile money in the hands of a telecom group. There is no miracle in the rise of MPesa, but a deep understanding by Safaricom of the social fabric of East Africa’s tech and economic hub, as well as a lots of test and try. The lure of mobile money have lots of startups competing into this space, to connect remittances, shopping and payments to the MPesa infrastructure. Other than that, Kenya is also experiencing a double motion in its innovation ecosystem: if it’s definitely a community-driven startup hub, its government is also playing a key role through laws and pharaonic projects.
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