Mobile Money Lifts Africa Savings to Decade High: World Bank

Mobile Money Lifts Africa Savings to Decade High: World Bank

Sub-Saharan Africans boosted their savings at the fastest pace in more than a decade, driven by the growing impact of mobile money accounts across the continent.

Mobile money lifts Africa savings to decade high - TechCentral

Sub-Saharan Africans boosted their savings at the fastest pace in more than a decade, according to the World Bank.

MEA's Telecom Market Sees Fastest Growth in 2024 Despite Inflation Pressures

In many parts of the Middle East and Africa, telecom services have become a lifeline to daily life. It’s how people get paid, how they run a business, how they stay connected in countries where banks, schools, and physical infrastructure haven’t kept pace with population growth. That context makes the surge in telecom and pay TV spending in the Middle East and Africa (MEA) region all the more telling. In 2024, the MEA telecom market reported the…

World Bank: Mobile money fuels record financial inclusion in Nigeria, other developing economies in 2024

The World Bank’s Global Findex 2025 has revealed that more adults across developing economies, including Nigeria, saved money formally than ever before in 2024, driven by an increase in mobile money usage.   The post World Bank: Mobile money fuels record financial inclusion in Nigeria, other developing economies in 2024  appeared first on Nairametrics.