9. AFRONOMICS: M-Pesa and the Rise of Digital Financial Services in Africa

"What factors made the M-Pesa revolution possible in Kenya?"

Sub-Saharan Africa is the only region where the share of adults with a mobile money account now exceeds 10 percent. That mobile revolution began in Kenya. In this episode o... view more

About the Presenters

Njuguna S. Ndungu

Executive Director, African Economic Research Consortium

Njuguna S. Ndung'u is the Executive Director of the African Economic Research Consortium based in Kenya. Before joining AERC, he held the position of Kenya's Central Bank Governor, from 2007 until March 2015. He holds a PhD in economics from the University of Gothenburg, Sweden, and master's and bachelor's degrees in economics from the University of Nairobi. Prior to his appointment as Governor of the Central Bank of Kenya, Prof. Ndung'u held positions at the African Economic Research Consortium (AERC), the University of Nairobi where he taught advanced economic theory and econometrics, the International Development Research Centre (IDRC), and the Kenya Institute of Public Policy Research and Analysis (KIPPRA). Prof. Ndung'u has extensive policy, research, and teaching expertise in macroeconomics, microeconomics, econometrics, and poverty reduction.

Join the Discussion


- Jun 17, 2019


- Jun 16, 2019

Waqar Aamir

- Jun 15, 2019


- Jun 14, 2019
Great knowledge


- Jun 14, 2019
E-money more can be loose online use cause not secure online


- Jun 13, 2019
E- money solve liquidity problem
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