Africa News Headlines

Phone-packed Africa leads the way in take up of mobile banking

Phone-packed Africa leads the way in take up of mobile banking

AFP Relax Services allowing consumers to perform banking and payment operations on their mobile phones are surging in sub-Saharan Africa, blazing a trail for the rest of the slower-moving world to follow. Given that relatively few Africans have traditional bank accounts while most now own a mobile phone, it is of little wonder the region has taken the global lead in using the devices to pay bills…