GFRID

What's on

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.