The advent of mobile telephony in Africa has been slow. The regulatory environment had stifled the growth by creating a bureaucratic red tape that was a hindrance to many mobile phone service providers from the developed world to invest in Africa. To them Africa was a risky place to do business. This was due to the many internecine conflicts that characterized the African nations after many states had gained autonomy from their colonial masters.
“Ah but it’s Digital now”. “Digital” a word whose origins lie in the latin digitalis, from digitus (“finger, toe”); now it’s use is synonymous with computers and televisions, cameras, music players, watches, etc, etc, etc. But what of digital money or even digital democracy?