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We could adopt use of M-Pesa, says US

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Nairobi Stock Exchange Chief executive officer Peter Mwangi and US Under Secretary for Public Diplomacy and Public Affairs Ms Judith McHale is being taken through the Nairobi Bourse Automated system by Dyer and Blair Kenneth King'ori during her visit on July 2, 2010. Fredrick Onyango

Nairobi Stock Exchange Chief executive officer Peter Mwangi and US Under Secretary for Public Diplomacy and Public Affairs Ms Judith McHale is being taken through the Nairobi Bourse Automated system by Dyer and Blair Kenneth King'ori during her visit on July 2, 2010. Fredrick Onyango 

By SATURDAY NATION Reporter
Posted  Friday, July 2  2010 at  17:53

The US will leverage her technology by importing innovations from Africa as part of the Obama Administration’s bid to strengthen relations with the continent.

Citing the M-Pesa evolution, US Under Secretary of State for Public Diplomacy and Public Affairs Judith McHale said her country’s economy could benefit by importing the revolutionary mobile money transfer system from Kenya.

“We do not have such a system in America and we could import it to make it part of our national payment system,” said Ms McHale.

M-Pesa is run by Kenya’s largest mobile phone service provider, Safaricom, as a platform to send and receive money by its subscribers using their handsets. The technology is a first in the world.

Ms McHale spoke on Friday after paying a courtesy call to the Nairobi Stock Exchange. She is on an official visit to the country.

In return, America will support local universities and colleges by initiating an exchange programme between her institutions and those in Kenya. And instead of going the traditional way of exchange programmes of moving people, the proposed exchange will also leverage on technology.

“We appreciate that it is a limit in the number of people we can move to America from Kenya and America to Kenya. We thus want to use technology to link universities and colleges so that they can share knowledge,” she added.

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On increased trade, she said, the Obama Administration is keen to see African countries focusing on serving home markets and thus supporting governments to address challenges of lack of links within the continent.

“We know there are impediments to more intra-continent trade in terms of communication and infrastructure. We want to encourage African governments to address these impediments,” said Ms McHale.

Appointed in President Obama’s Cabinet in May last year, Ms McHale’s duties are aimed at helping the American administration strengthen its relations with the rest of the world.

She is the former president and chief executive of Discovery Communication, which runs the Discovery Channel popular for airing documentaries on science, technology, adventure and nature news in over 170 countries.


Add a comment (22 comments so far)

  1. Submitted by Ivykenya

    @Gumo : This is our innovation that works best for us the reason why Mpesa is not those parts of the world. We cannot always wait to learn and copy from Europe or the US. We are all different and we can learn from each other. Take this example, reputable universities in Europe and the US are using our Equity bank for their case study. There had been articles written about the bank. Check out Equity's website. Apparently only African banks were making profits when in other parts of the world the banks were being rescued by the governments.

    Posted  July 06, 2010 03:22 PM  
  2. Submitted by agusa2010

    @Ireadlines, please tell them! That's exactly what i meant in my previous analogy. It's hard to tell why Kenyans think Kenya is now another US, or better 'cause of this basic innovation! A case of many having never stepped beyond our borders?

    Posted  July 05, 2010 04:09 PM  
  3. Submitted by gumo

    @chazz95 and company, why does Western Union, MoneyGram etc exists in UK/USA? I thought M-PESA concept is just that, money transfer? So what really makes it unworkable in those parts of the world?

    Posted  July 05, 2010 12:58 PM  
  4. Submitted by Ireadlines

    "US Under Secretary of State for Public Diplomacy and Public Affairs "...I would usually expect us Kenyans not to realise the difference between public polity and reality. I mean this is the secretary for US publicity trying to tie a Kenyan innovation to American interests, not that they would need it. No! When Kenyans get to enjoy bank accounts and the internet widely, M-Pesa would die just like that. Bet with me. So will Postbank.

    Posted  July 05, 2010 12:38 PM  
  5. Submitted by Alimama

    I am proud of what safcom has done. They have encouraged innovation which has benefitted ordinary citizens. Now M-pesa technology is in use in UK and it's better that Americans are interested. Leave alone these wannabe Americans, this is a statement from a high ranking State Official.

    Posted  July 05, 2010 08:34 AM  

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