in Short
Mobile Money : Financial transactions surpass $1 Trillion annually

On July 21, 2025 Africa’s mobile money ecosystem has exceeded US$1 trillion in annual transactions, marking a 28% year-over-year growth, according to GSMA. Platforms like Mpesa and MTNMoMo are leading this surge, reflecting rapid fintech adoption across the continent. Mobile money continues to outpace traditional #banking, expanding financial inclusion in underserved regions and transforming how individuals and businesses transact across borders.