The growth in cellphone ownership raises the potential for mobile money to reach unbanked people, giving them with a more affordable payments system
Reducing the gender gap in usage and ownership of mobile money and outlets in Africa could add up to $170 billion to the industry by 2020
Africa's mobile phone boom, which saw it pocket $100bn last year, to slow sharply—for these two reasons
New report forecasts that there will be 386 million mobile subscribers in Sub-Saharan Africa by the end of this year -- or 41% of the population.
The most banked country in Africa with close to 90% of all adults owning bank accounts did not solve financial inclusion by accident. It was nurtured.
Nearly 80% of sub-Saharan Africa is unbanked, but the more than 250-million unique mobile subscribers are the solution
African continent offers opportunities and challenges in equal measures
South Africa’s traditional banking system has not yet cracked the financial inclusion nut.
The numbers don’t lie: mobile payment volumes across Africa are growing. So what does the future hold for this emerging system?