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MTN Mobile Money Charging Point. © Olivier for Jeune Afrique
With the exception of South Africa, where Vodacom and MTN ceased their mobile money activities in 2016, and the Maghreb, where the deployment of these systems remains tentative, the banking services progress in Africa.
Dynamism of West Africa
- 104.5 million counts of mobile money in 2017 (+ 20.9% compared to 2016)
- Value Transactions: 5.3 Billion Dollars
- 34% of the total of accounts south of the Sahara
- 57 Service Operators
- 13 times more active mobile financial service agents than bank branches and ATMs
Actors gaining weight
11.5 million customers and 4.8 billion euros of transactions in 2017 (+ 45%)
21.8 million customers (+ 38%) and 4.5 billion euros of transactions in 2017
38.7 millions of customers and 26 billion of transactions in 2017
27 million of users registered urs and 58 billion euros of transactions in 2016
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