Bank on poor women and phones to drive growth in Africa, experts say


  • TECH
  • Wednesday, 26 Nov 2014

HELPING HAND: A woman repairing phones at Ifofin village, Ilesa, southwest Nigeria. Financial experts believe mobile phone technology can empower poor African women who do not have a bank account.

NAIROBI: Mobile phone technology can help to bring financial services to the 80% of African women who do not have a bank account and bolster the growth of the world's poorest continent, Nigeria's finance minister, Ngozi Okonjo-Iweala, said. 

Okonjo-Iweala was one of a dozen government, finance and business leaders who met in Nairobi on Monday to roll out a plan to bring financial services to more poor African women. 

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