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West Africa: How COVID-19 Could Trigger the Growth of Mobile Money
Thomson Reuters Foundation, 1 April 2020
Africans are being urged to switch to digital payments to prevent the spread of Covid-19 Read more »
Governments in Africa are encouraging digital payments to reduce person-to-person contact and slow the spread of COVID-19. In West Africa, experts say the pandemic could be an opportunity to include more people in the digital economy. But a new report says that only 56% of citizens across 99 developing countries have access to a phone, a bank account, and an identity document - the building blocks for the successful rollout of digital money transfers.
Penda Kande refills her mobile money account with an agent in Senegal's capital, Dakar on March 27, 2020.
Digital technology, notably in the areas of identification (ID), mobile communications, and financial payments, is impacting societies and economies ... see more »
In a country without a well-developed financial infrastructure - where mobile phone airtime has often been used as some form of currency - the launch of mobile money services by ... Read more »
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