Tag Archives: Mobile money

True financial inclusion calls for smaller markets to receive equal attention to larger ones (TN)

The potential for mobile money and digital payments to drive financial inclusion is immense. We can see this potential being unlocked on the African continent as it accounts for 70% of the world’s $1 trillion mobile money value and registered a 12% growth in mobile money accounts to 1.75 billion in 2023. This is opening some new opportunities for […]
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Empowering African businesses for secure African payments

Mastercard and Onafriq (formerly MFS Africa), a pan-African payments company, have joined forces to introduce secure, cost-effective, and innovative payment solutions to consumers and small and medium enterprises (SMEs) across the continent. Africa’s mobile money sector stands as one of the most established and rapidly expanding fintech industries globally. According to The State of the Industry Report on […]
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Special report: African banking and finance (Financial Times)

Investors electrify South African banks’ in their sustainability push; Africa’s booming tech hub of Lagos braces as Covid-19 bites; and the Kenyan banking group set on regional dominance. Plus, Ethiopia’s steps towards banking reforms. Financial Times special reports provide in-depth FT coverage of countries around the world, as well as industries from tech to luxury, […]
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