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Nairobi, Africa account for over half mobile money transactions
Mobile user transacts on M-Pesa platformIn the last decade there has been tremendous growth in mobile money services in the region following the launch of Safaricom’s M-Pesa in 2007. file photo | nmg
Kenya and other Sub-Saharan Africa countries account for more than half of all mobile money transactions worldwide according to new data by cellular lobby GSMA.
The report reveals that the number of live mobile money services in the Sub-Saharan Africa region reached 140 across 39 countries at the end of last year, accounting for more than half of the 277 mobile money deployments worldwide.
