Banking the last mile

Fintechs Hurl Ghana’s Financial Inclusion Drive Beyond The Mobile Money Arena

By  |  October 18, 2022

M-PESA is easily the best-known mobile money success story of recent times. The multibillion-dollar narrative put Kenya on the world map for the umpteenth time and minted Safaricom as East Africa’s most valuable company. 

However, Kenya is not the only nation with bragging rights to Africa’s “lucrative mobile money markets”. The second well-deserved honor goes to Ghana, where MTN’s MoMo has seen hefty intake since its launch in 2009. The platform’s success has crowned Ghana as the most mature mobile money market outside Eastern Africa. 

Most Read

The FTX Disaster Undermines The Hopes Of Africa’s Peculiar Crypto Scene

The rise of the cryptocurrency industry in Africa, however a fringe endeavour, is

“Banking The Unbankable” Kindles Banking-as-a-Service In African Fintech

Despite attention to the challenges surrounding financial inclusion, an estimated 57 percent of

Kenya’s Mobile Money Agents Aided Financial Inclusion—Now They Face Exclusion

In Ruiru, a town in Kiambu County which sits within the greater Nairobi