From All Africa:
The potential of mobile telephony to transform Africa will only be achieved if the development of other infrastructure keeps pace, says a study.... Bill Maurer, director of the Institute of Money, Technology and Financial Inclusion at the University of California, Irvine, cautioned that Africa was still in the early days of mobile money transfer and phone-based savings applications and that more research is needed for effective new services to reach more Africans.

For the full story, please visit http://allafrica.com/stories/201009090888.html.  For the Science and Development Network story, please visit http://scidev.net/en/news/mobile-phones-no-silver-bullet-for-africa-says....