The value of cash handled by mobile money agents in the five months to May rose by nearly Sh1 trillion compared to a similar period last year, indicating the continued recovery of the economy in the second quarter of this year.
Central Bank of Kenya (CBK) data show agent transactions in the period rose by 56.1 percent or Sh982.76 billion to Sh2.73 trillion from Sh1.75 trillion in the corresponding period in 2020, with higher volumes in May boosting this year’s numbers.
