• by Laurie Sullivan , Staff Writer @lauriesullivan, March 9, 2013

Nations like Africa that are building a new communications infrastructure have begun to leapfrog the infrastructure built in the U.S. The speakers from Johannesburg said more people in Africa have mobile phones than access to electricity. The kinds of innovations coming out of Africa point to electronic commerce. At SXSW on Saturday, Toby Shaphak said 40% of the world's transactions go through Kenya mobile.phones, and 80% of the transaction are in east Africa during the $100 Billion Mobile Bullet Train Called Africa.