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Unit 4 Macro: Electronic Payments Modernise Rwandan Banking

Geoff Riley

10th July 2012

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This three minute video from the World Bank looks at how secure electronic banking systems leveraging the fast-growing mobile phone network can act as a spur to economic development in Rwanda. And here is another example from BBC news of some of the benefits of using mobile phone technology. Smart hand pumps promise cleaner water in Africa

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.