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  • Mobile transfers saving lives in Africa

    I’ve just read a heart-wrenching story about a Somali man robbed of $200 then shot dead by his assailants, no doubt a common story in a country racked by over 19 years of anarchy. However, a new mobile money transfer and banking system being introduced by mobile operator Hormuud Telecom could have saved this one life and is set to save many others. Hormuud Telecom is the biggest network in Somalia with more than a million subscribers. It designed the software for its SAAD money transfer service,...

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