Africa

The Digital Payment Solution for High Growth Markets

Countries We Solve For

  • Algeria
  • Gambia
  • Ghana
  • Kenya
  • Morocco
  • Nigeria
  • Tanzania

Download our Guide to Africa and gain access to the largest markets in our network.

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Guide Emerging Markets Africa

Download Africa Guide

Featured Markets

Ghana
Kenya
Morocco
Nigeria
Tanzania

Ghana

  • A majority of 61% of the population uses mobile money as their payment method
  • Africa is recognized as a global leader in mobile payments and have record growth and social impact
Mobil money
60%
ATM
16%
Cards
15%
Other
8%
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Ghana

Kenya

  • Two-thirds of Kenya’s adult population use mobile banking services
  • In 2017, mobile money transactions generated $45.3 billion
  • Financial inclusion in Kenya has increased from 26% to 75% in ten years
Cash
40%
Credit/debit cards
32%
Online banking
24%
Digital pay
4%
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Kenya

Morocco

  • Within the youth population, the median age in 2018 was 27 years old
  • Morocco will see a 5.7% compound annual growth rate by 2020
  • In the first six months of 2016, credit card use rose by 6.2%
Credit cards
38%
Prepaid cards
4%
Mobile payments
51%
Bank transfers
1%
Digital wallets
6%
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Morocco

Nigeria

  • 95% of all online purchases have been made using debit cards
  • 150 million mobile subscribers and increasing amid further infrastructure development
  • $10 billion plus e-commerce market that continues to grow
Debit cards
95%
Credit cards
0.5%
Bank transfers
2%
Digital wallets
1%
Other
2%
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Nigeria

Tanzania

  • Tanzania leads the Sub-saharan region in financial inclusion (86%)
  • Consumer and credit demands are on the rise
  • Tanzania’s economic growth is expected to average 6.2%
Mobile pay
43%
Bank transfers
2%
Loans
56%
Credit cards
7%
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Tanzania

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