DAR ES SALAAM, Dec. 11 -- SUB-Saharan Africa (SSA) stands as the undeniable epicentre of the global mobile money industry. While traditional banking systems struggled for decades to reach the vast, dispersed populations of the continent, the mobile phone—and the simple financial tools built upon it—have successfully bridged the gap.

This quiet revolution has not only provided access to financial services for millions of previously unbanked citizens but has also fundamentally reshaped the regions economic landscape.

SSA Solidifies Global Leadership

According to recent industry reports from the GSMA, SSAs dominance is clear. The region accounted for a staggering 74% of all global mobile money transactions in 2024, processing ...