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Opinion: Mobile money lending fraught with risks that call for regulation

The mobile phone and all its attendant applications have impacted Africa’s social and economic developments in a manner totally unforeseen two decades ago.

One of the most revolutionary developments of the 21st century for Africa has been the rise of mobile telephony.

The mobile phone and all its attendant applications have impacted Africa’s social and economic developments in a manner totally unforeseen two decades ago.

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