Mobile Health in Africa

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[MUSIC] In most African countries you either have to bribe or wait an inordinate amount of time to get a landline and so when the first mobile phone started coming in, there was an almost immediate pick up in Africa. For being able to communicate. Now you're not as yet what you're seeing is better grid for allowing the emergence of technologies that can drive and uplift in the health management and health implementation than there has been for many years.

Look it's still Africa. Things don't, Rome wasn't build in a day and neither was Africa. What this is doing and what this new technology is doing and certainly what wireless technology and mobile phone technology is doing is it's allowing for example some interesting new ways in which health can be improved.

So what you also got to know is you've got the emergence of some interesting new developments that are actually fastened and paid and subsidized by phone companies, device for manufacturers, people like Samsung, people like Nokia. And also you are seeing an incredible fast high velocity pick up by Africans on low cost touchscreen smart phones.

Kenya and Africa are leading the world in mobile money and mobile commerce, so much so that a little company from Stellenbosch in South Africa called Fundamo were bought for $110 million by Visa International in San Francisco and is being used essentially as the platform to drive mobile money and mobile commerce for Visa in North America.

The ramping up of mobile in Africa is real in its very early stages, you don't have 100% penetration of mobile in every single country. You do have a situation where you're seeing in certain countries more than 100% penetration. The one thing which is fantastic about Africa and you can never take it away from it.

Is incredible optimism in the sense of optimism about the future and now with mobile. Mobile has really been not just a talisman computer, but mobile has really brought in a very interesting new sphere of economic optimism.