From 2020 to 2025, the total market volume of electronic transactions is predicted to demonstrate rapid growth in Africa. By 2025, wallets contributes the most to the total market volume, with ** billion electronic payments out of a combined total of *** billion. Electronic transfers are expected to follow with ** billion transactions in the same year.
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McKinsey & Company. (September 22, 2022). Expected total market volume of electronic transactions in Africa from 2020 to 2025, by type (in billions) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 02, 2026, from /statistics/1405860/expected-total-market-volume-of-electronic-transactions-in-africa/
McKinsey & Company. "Expected total market volume of electronic transactions in Africa from 2020 to 2025, by type (in billions)." Chart. September 22, 2022. ÌÇÐÄÆƽâ°æ. Accessed August 02, 2026. /statistics/1405860/expected-total-market-volume-of-electronic-transactions-in-africa/
McKinsey & Company. (2022). Expected total market volume of electronic transactions in Africa from 2020 to 2025, by type (in billions). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 02, 2026. /statistics/1405860/expected-total-market-volume-of-electronic-transactions-in-africa/
McKinsey & Company. "Expected Total Market Volume of Electronic Transactions in Africa from 2020 to 2025, by Type (in Billions)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 22 Sep 2022, /statistics/1405860/expected-total-market-volume-of-electronic-transactions-in-africa/
McKinsey & Company, Expected total market volume of electronic transactions in Africa from 2020 to 2025, by type (in billions) ÌÇÐÄÆƽâ°æ, /statistics/1405860/expected-total-market-volume-of-electronic-transactions-in-africa/ (last visited August 02, 2026)
Expected total market volume of electronic transactions in Africa from 2020 to 2025, by type (in billions) [Graph], McKinsey & Company, September 22, 2022. [Online]. Available: /statistics/1405860/expected-total-market-volume-of-electronic-transactions-in-africa/
