Tag: mobile money
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Mobile money: Sub-Saharan Africa leads banking revolution with nearly half the world’s accounts
Sub-Saharan Africa has dominated the global mobile money landscape since 2013, and now boasts twice as many registered accounts as South and East Asia and the Pacific. According to the GSMA’s 2024 state of the industry report, the region has 835-million registered mobile money accounts, nearly half of the world’s 1.75-billion accounts. Last year, 62-billion transactions worth $912-billion were processed in Sub-Saharan…