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Mobile money in Africa

Statistics report on mobile money in Africa

This report takes a look at mobile money in Africa, a service that has undergone rapid growth in recent years. Largely managed by telecommunications companies and networks of licensed agents, mobile money allows users to deposit funds in to a virtual wallet, that may be later used for payments and purchases, including peer-to-peer payments. Mobile money is available to those without access to a bank account, bringing financial inclusion to underbanked regions of Africa.

Table of contents

Outlook - mobile access

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  • Premium Statistic Smartphone subscriptions in Sub-Saharan Africa 2012-2030
  • Basic Statistic Monthly data traffic per smartphone in Sub-Saharan Africa 2012-2031
  • Premium Statistic Smartphone shipments in Africa quarterly 2024-2025
  • Premium Statistic LTE subscriptions in Sub-Saharan Africa 2012-203

Companies

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  • Premium Statistic MTN Mobile Money (MoMo) active users 2018-2024, by quarter
  • Premium Statistic Number of subscribers at MTN Group 2018-2024, by country and quarter
  • Premium Statistic MTN Group revenue 2020, by segment and country/region
  • Premium Statistic Number of M-Pesa customers from 2017 to 2025
  • Premium Statistic Transaction volume of M-Pesa from 2017 to 2025
  • Premium Statistic M-Pesa revenue of Safaricom 2010-2023
  • Premium Statistic Distribution of Safaricom revenue FY 2023, by type

Use and consumption - Continent wide

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  • Premium Statistic Mobile money accounts in Africa 2025
  • Premium Statistic Mobile money transaction value in Africa 2020-2025, by region
  • Premium Statistic Mobile money transactions in Africa 2020-2025

Use and consumption - countries

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  • Premium Statistic Mobile money subscriptions in Tanzania 2018-2023, by operator and quarter
  • Premium Statistic Mobile money transactions by operator in Tanzania 2019-2020
  • Premium Statistic Mobile money transfer subscriptions in Kenya 2018-2020, by provider
  • Premium Statistic Mobile money transaction value in Kenya 2019-2020 by transaction type
  • Premium Statistic Number of mobile money subscriptions in Uganda 2017-2022
  • Premium Statistic Uganda: number of USSD sessions 2017-2022
  • Premium Statistic Number of money transfers per mobile app in Nigeria 2020-2021
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