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


Kenya’s Telecom King Is Losing Its Grip As Customers Take To Rival

Safaricom, Kenya’s long-dominant telecom giant, has been considered untouchable for years, holding an


Nigeria’s New Tax Law Is Forcing Remote Workers To Get Clever (Or Pay Dearly)

Consider Chidi, a Lagos-based backend engineer who landed a remote job with a


The Full Basket: How Naivas CEO Andreas von Paleske Stocks Up For Success

The story of Naivas Supermarkets starts – rather surprisingly – with the opening