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Building Africa’s mobile economy

Despite hosting multiple countries with some of the highest ‘unbanked’ populations across the world, translating to approximately 60 percent of the total continental population, Africa maintains a reputation as a global leader in the realm of mobile money services.
According to a report in the Wall Street Journal, only 45 percent of the African population possess an active cell phone, yet over the past few decades, the continent has been carried on a mobile money boom, pioneered by the fintech revolution and the advent of the mobile economy.