Monty Munford thinks that Somaliland, not content with democratic elections and biometric passports, is also likely to become the first nation to become a cashless society, due to expansion in mobile money transfers and retail payments.
He also throws in these tidbits:
“For every dollar there are almost 17,000 Somaliland Shillings”
“The state itself runs on a budget of only $40 million dollars”
“competition between the country’s carriers means calls from Somaliland are five to six times cheaper than other African countries.”
I really have to go visit.