Innovative Credit Scoring System Revolutionizing Access to Credit

Will the roll out of online lending stimulate economic boom or just a credit binge in Africa?

Ed Butler speaks to many of the businesspeople providing the continent with much needed banking services via mobile phones. They are optimistic that financial inclusion for small businesses, farmers and rural consumers could stimulate much faster economic growth. But is there a dark side to the sudden availability of east loans?

The programme includes interviews with Matthew Davie, chief strategy officer at the US micro-lending fin-tech Kiva; Omotade Odunowo, chief executive of the Nigerian digital wallet service Fets; Joshua Oigara, chief executive of Kenya's biggest commercial bank KCB; and Kevin Njiraini, regional director for southern Africa and Nigeria at the International Finance Corporation.

(Picture: Young African woman using a mobile phone; Credit: wilpunt/Getty Images)