Dec 7, 2021
The Six Key Reasons Consumers in Sub Saharan Africa Love Mobile Money
By Pieter Schulze, Head of Product at Standard Bank Mobile money transactions represent a substantial portion of domestic economic activity in many countries across sub Saharan Africa. In countries such as Kenya, Tanzania and Zambia, mobile money transactions volumes and values even exceed domestic electronic funds transfers (EFTs) (Central Bank of Kenya, 2023) (Bank of Tanzania,