The government’s M-Akiba mobile money bond is a very good and innovative move indeed (see report P19). It makes Kenya one of the first countries in the world to give ordinary people a chance to invest in mobile-traded government securities. The M-Akiba bond will require only Sh3,000 and a mobile phone connected to M-Pesa or Airtel Money. M-Akiba comes in the great spirit and tradition of M-Pesa, and could well become as great a trailblazer in Kenya, the region and the world. It will come as no surprise if the government soon has reason to think about M-Akiba in the billions of shillings.

Source: The Star March 21, 2017 21:45 UTC