TECH SUPPLIER Aug 2021 - Market Note - Doc # META48126221

Rising Mobile Money Investments Among Telcos Across Sub-Saharan Africa

By: Oluwole BabatopeSenior Research Analyst, Telecoms & Networking, Africa

Abstract

"Investments into the Sub-Saharan Africa mobile financial services sector are expected to continue as governments across the region undertake financial inclusion initiatives. However, such investments should be targeted at markets in which telcos with ready infrastructure and large subscriber bases are empowered by regulators to push mobile money services." — Senior Analyst Oluwole Babatope, IDC Africa


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