Business Today

WHY TELECOM OPERATORS IN AFRICA LEAD…

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People in Africa started using mobile wallets due to safety features, but later it became a habit. More than 40 per cent adult population in Kenya, Tanzania, Zimbabwe, Ghana, Uganda and Namibia is using mobile money on an active basis. In SubSaharan Africa, there were 277 million registered accounts in December 2016. Cash transactio­ns, such as withdrawal from ATMs, cost a lot there.

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