Abstract

This Market Perspective presents IDC's view on mobile money developments in Sub-Saharan Africa. It highlights emerging trends in the mobile money ecosystem, outlining the key drivers and inhibitors of mobile money services in Sub-Saharan Africa.

"Mobile money will continue to heavily influence financial inclusion agendas in Sub-Saharan Africa due to the positive impact such services are having on the daily lives of the unbanked. Policy and legislative changes to ensure mobile-money-friendly regulatory environments and to foster collaboration between telcos, but without stifling competition, are crucial to the evolution of mobile money ecosystems in Sub-Saharan Africa." — Senior Research Analyst Andrew Kirui, Telecom and IoT, IDC East Africa

Coverage