Sub-Saharan Africa: Evolved Mobile Money Service Volumes Growing

17 Jul 2017

More than half of all mobile money deployments worldwide are in Sub-Saharan Africa, with providers enabling “a range of innovative new services across multiple industry sectors, including utilities and agriculture”, the GSMA announced.

In its State of Mobile Money in Sub-Saharan Africa presentation, the association announced there were 140 services across 39 countries in the region, accounting for more than half of the 277 mobile money deployments worldwide. In seven markets, more than 40 per cent of adults are active mobile money users: Gabon, Ghana, Kenya, Namibia, Tanzania, Uganda and Zimbabwe.

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