Mobile money transactions surpass $1 trillion

Mobile money transactions surpass $1 trillion

Africa’s mobile money sector is one of the most established and fastest-growing fintech industries in the world. There are now 781 million registered mobile money accounts on the continent, accounting for 48.8% of global users. Africans registered 17% more mobile...
The rise of mobile money in Africa

The rise of mobile money in Africa

Fierce competition, increasingly saturated markets, and the broad adoption of over-the-top messaging applications have steadily eroded telco revenues in so far as their core services are concerned. It also negatively impacted the attainable margin and as a result,...