So M-Akiba, a government project to enable the mass market invest in government bonds via mobile money has been coming for the last one year plus is said to be finally launching this week. There was word that it would launch either today or yesterday. There’s even a flier for today’s launch, see below.
But we’ve been updated that the launch happens on Thursday 23rd. And even that could be postponed if we are to go with the journey it has been. I understand that the delays could be due to a tussle on who makes it on board to be the channel of delivery. Somehow the unwanted Airtel got in to the exclusive club. I could also add a speculation that more than Airtel wanted in, you know there’s at least two other mobile money players that are capable of being a channel. Technology could be a reason to delay as well, but that’s probably more minor than an actual tussle on who gets, who doesn’t.