“Lino Carcoforo, an Italian-Somali entrepreneur behind Innovation for Africa, an early stage investment fund focused on mobile phone based technology startups in east Africa, marvels at the enterprising spirit of the Somali people. The Somali populated Eastleigh area in Nairobi has become the commercial hub of Kenya’s capital. Somali entrepreneurs are credited for the transformation of the residential area to a mini-city nicknamed Mogadishu ndogo (Swahili for ‘small Mogadishu’). He points out that while other countries have been successful in mobile money transfer, Somalia is a step ahead with mobile payments for purchases of services and goods.”
http://www.howwemadeitinafrica.com/mogadishu-east-africas-newest-business-destination/17661/
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