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Mobile banking offers best tool to grow Kenya’s national savings

NAIROBI: Over the last decade, the finance and telecommunications sectors have powered the growth of the Kenyan economy.

The massive investment in technologies that sit at the heart of these two industries has not only created hundreds of thousands of jobs — and new wealth — but also empowered an entire generation of Kenyan millenials, who today cannot imagine living in a world that is not connected to the Internet or queuing for an entire day just to check their account balances.

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