Bianca Aguilar

Technology is already making waves in many parts of rural Southeast Asia where the majority of the unbanked reside. Much of the change there is driven by cheaper mobile phones and affordable data plans.

Religious practices or norms could be a barrier or opportunity if implemented correctly, for digital products. It is unwise to simply replicate and expand services or products to countries with strong religious beliefs without considering the values.

Having covered those misconceptions, I would like to speak about the undeniable influence of colonialism. Africa has been colonialized by many countries, most notably: Germany, Portugal, Spain, France, and England.

Colonialism results in, among other things, cultural and behavioral transfer. The slave trade and colonialism