Sub-Saharan Africa, which hosts approximately half of the mobile money accounts registered globally (more than 396 million according to GSMA), is one of the most dynamic regions for the adoption of digital financial services. Thanks to mobile phones, millions of people are gaining access to modern payment tools.
KIVIA ANALYSIS
Mobile money: Why cash remains king for large payments in Africa
Key takeaways
- Sub-Saharan Africa, which hosts approximately half of the mobile money accounts registered globally (more than 396 million according to GSMA), is one of the most dynamic regions for the adoption of digital financial services.
- Thanks to mobile phones, millions of people are gaining access to modern payment tools.
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