What can be learned from the success of M-Pesa in Africa?

Question

Quizplus · Accepted Answer

The Answer is The following can be learned from the success of M-Pesa in Africa:
The main determinants of FDI activities
According to the eclectic paradigm (the OLI model), ownership, location, and internalization advantages drive firms' FDI activities. Vodafone invested in Africa because it has advanced mobile technologies, Africa is a booming market, and the company needs direct control to transfer and utilize its core competencies.
The rise of emerging markets in global FDI
As described in the section "Trends in Global FDI," developing countries, especially emerging markets, have seen continuous growth of FDI inflows. As the "last frontier" of the world economy, Africa is undergoing rapid growth and transformation. The continent may become another "hot" area or favorable market for FDI.
The unique opportunities and challenges of African markets
Facing a blank slate, Vodafone had to build without initial resources. However, the company could construct new infrastructures that are even better than those in developed markets and develop new services (like Internet banking) that it had not done before.

What Can Be Learned from the Success of M-Pesa in Africa