The Growth of Mobile Money Transfer in Africa

Business and Finance, Business and Investment, East Africa, Finance and Economics, Headline

In 2021 the glob­al mobile val­ue stood at 1 tril­lion dol­lars. The African con­ti­nent account­ed for about 70 per­cent of the sta­tis­tics. The adop­tion of mobile mon­ey in Africa con­tin­ues to rise with Glob­al Sys­tem for Mobile Communications(GSMA) fig­ures high­light­ing an increase from 27.5 bil­lion in 2020 to 36.7 bil­lion in 2021. Mobile Mon­ey Enables Growth…