Across Africa, mobile phones aren't just for talking – they're lifelines. With a staggering portion of the population unbanked, mobile operators are stepping in, transforming phones into wallets and reshaping the continent's financial landscape.
A 2022 report estimated that just over half of Africa's population remained unbanked. The same report found that banks across the continent are investing in digital transformation projects, with the development of mobile money services the top priority among banks surveyed.

But it is arguable that telcos are in the inside lane when it comes to developing tailored financial services products to suit a mobile-first consumer than their banking counterparts.

Take the example of mobile money, which represents a significant growth opportunity for telcos. In 2022, the All rights reserved. © 2022. Provided by SyndiGate Media Inc. (