ABI Insight

East Africa: The Center of the Mobile Money World

Author: Mark Beccue, Senior Analyst, Mobile Services

Published: 13 Mar 2009

It appears that East Africa, particularly Kenya, Tanzania, and Uganda, has become the center of the mobile money world. Since November 2008, five new mobile money initiatives, all of which entail a mobile wallet solution, have been officially announced or launched. Why East Africa? And, equally important, what area will be next?

The full text of this Insight is available to subscribers of the Mobile Operator Strategies Research Service and the Mobile Money & NFC Research Service.

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