Digital Planet cover image

Internet under attack in Ukraine

Digital Planet

CHAPTER

Mobile Money Is a Huge Part of the Samalian Economy

1.6 billion is sent back to samalia each year which is almost a third of the country's GDP and this is a trend that you generally see across um africa in terms of investment. Remittances account for much more than that figure itself so it's a huge part of the samalia economy most people will have connectionsyou know in the u.s. in europe who will be giving them money each month just for necessities so they can survive coming from those areas. There are still many issues right we heard there on future phones people want to use it and they're starting to use it 605 million accounts in sub-Saharan Africa. In some countries like Pakistan 41

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner