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HOUSE_OVERSIGHT_032159.txt

Why This Matters

Strive Masiyiwa is a respected entrepreneur who founded Econet Wireless in Zimbabwe and faced significant challenges to secure a license for his company in the late 1990s.

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Strive Masiyiwa is a respected entrepreneur who founded Econet Wireless in Zimbabwe and faced significant challenges to secure a license for his company in the late 1990s. Masiyiwa has since expanded Econet into a diversified technology and financial services group with operations across Africa, including mobile banking solutions that have helped to establish Zimbabwe as a cashless economy. In addition to facing legal battles and economic challenges, Masiyiwa has also worked to expand access to cell phones and banking opportunities for the African population. His next challenge is to create a product that will allow informally employed people to receive payments through their mobile devices.

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