COVID-19 May Spur Mobile Money Growth in West Africa

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.



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