Mobile money adoption to increase by 39% in 2025

Mobile money accounts are expected to grow by 39 percent of the sub-Saharan population by 2025, a global mobile money 2021 report shows.

The 2022 state of the industry report disclosed that Sub-Saharan African adults with mobile money accounts doubled from 12 percent in 2014 to 21 percent in 2017. In 2021, the number of registered accounts reached 1.35 billion globally, up 18 percent year-on-year, which is 10 times more than there were in 2012.