MTN MoMo’s Expansion and the Battle for Africa’s Wallets

MTN MoMo’s Expansion and the Battle for Africa’s Wallets

MTN’s mobile money operation has shifted from a domestic add-on to a continental engine. Its footprint now links markets where banks still have shallow reach and informal cash systems persist. The bigger story is how MoMo’s growth collides with two entrenched rivals: Safaricom’s M-PESA under the wider Vodafone/Vodacom umbrella, and Airtel Money across Airtel Africa’s … The post MTN MoMo’s Expansion Tests the Limits of Africa’s Mobile Money Map a…