Tag: sub-Saharan Africa
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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…
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Poll shows SA’s workforce is surprisingly enthusiastic
Anyone who runs a startup or small business understands the value of highly engaged employees. These individuals drive high performance and innovation, which are essential for business growth. However, Gallup’s latest State of the Workplace report shows that fewer than one in four (23%) employees globally are engaged. In the Sub-Saharan African countries included in…
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Internet access still lags in Africa despite massive mobile uptake
African countries have leapfrogged fixed-line technology and gone straight to mobile. There are 89 mobile phones for every 100 people living in sub-Saharan Africa, but fewer than one landline (0.6) per 100 people. Some countries are well over the world average of 108 mobile phones per 100 people. South Africa has about 167 per 100…