Home » Mobile momentum: driving financial access and inclusion in Africa

Mobile momentum: driving financial access and inclusion in Africa

0 comments

AFRICA’S financial landscape is undergoing a profound transformation, driven by a rapid adoption of mobile financial services. This shift is not just a trend – it’s a fundamental change that is reshaping how people across the continent manage their finances. In 2024, Africa’s mobile money market reportedly reached USD 804.9 million.

Forecasts indicate growth to approximately USD 4 billion by 2033. Industry reports show that in 2022 alone, more mobile money transactions exceeded 45 billion, valued at over $836 billion.

Login to view the full content

You need to log in to view the full post content.

The Financial Gazette It is southern Africa’s leading business and political newspaper well known for its in-depth and authoritative reportage anchored on providing timely, accurate, fair and balanced news.

Newsletters

Subscribe to The Financial Gazette newsletter for financial & business news worth reading. Let's stay updated!

©2024 The Financial Gazette. A Media Company – All Right Reserved. Designed and Developed by Innovura
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More