Zaad - Somaliland's Mobile Money

From Timbuktu Chronicles Mon Oct 20 2014, 18:56:00

In the Guardian:

Grasping his mobile phone, Abdirizak Yussuf Mahmoud prowls the Mohamud Haybe livestock market outside Hargeisa, the capital of Somaliland. A camel catches his eye and the bargaining begins. He shakes the hand of the trader, haggling in a silent code. Pinching an index finger adds 1,000 dollars to the price; grabbing a hand means 5,000 more.

Once agreement is reached, the handshake is broken. A quick chat confirms the details, before the sale is completed by mobile phone. No cash changes hands, no papers are signed. Instead, Yussuf Mahmoud types into his handset, the seller's phone chirps, and the deal is done.

[view whole blog post ]
 See More    |     Report Abuse


You might also be interested in the following news stories:

South Africa:  Corruption Allegations Rock Higher Education Ministry - South African News Briefs - April 29, 2024 (news)
allAfrica.com
29 Avril 2024

  Corruption Allegations Rock Higher Education Ministry Blade Nzimande, in his second term as Minister of Higher Education, Science, and Technology, appointed Andile Nongogo as CEO and Ernest ... [read more]

Cote d'Ivoire:  Présidentiel - Un Duel à Trois ? (analysis)
allAfrica.com
28 Avril 2024

L’élection présidentielle en Côte d’ivoire aura lieu très certainement en Octobre 2025, au terme du supposé dernier mandat du président Alassane ... [read more]

Afrique:  Revue de Presse de l'Afrique Francophone du 28 Avril 2024 (news)
allAfrica.com
28 Avril 2024

Burkina Faso : Diplomatie régionale- Le Capitaine Ibrahim Traoré aux autorités ivoiriennes : « La balle est dans leur camp » Les rapports avec la Côte ... [read more]



blogAfrica is allAfrica.com's platform to help you keep an ear on the African blogosphere. We draw diverse voices from around the world who post regularly and insightfully about African issues. Bloggers, submit your blog's rss-feed!