Africa Mobile Money Market: Market Size, Forecast, Insights, and Competitive Landscape
The Africa mobile money market is expected to grow at a CAGR of around 22.4% during 2025-2034. This report on Africa mobile money market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the Africa mobile money market by segmenting the market based on technology, business model, transaction type, and country. Also, detailed profiles of companies operating in the mobile money market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
Growing Mobile Money Providers
High Internet Penetration
Ease of Accessibility
Market Challenges
Cyber Security Threats
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2023
Forecast Period: 2025-2034
Market by Technology
USSD
Mobile Wallets
Others
Market by Business Model
Mobile Led Business
Bank Led Business
Market by Transaction Type
Peer to Peer
Bill Payments
Airtime Top-ups
Others
Market by Country
Tanzania
Kenya
Uganda
Ghana
Others
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Africa Mobile Money Market
- 3.1 Introduction
- 3.2 Market Drivers
- 3.3 Market Challenges
- 4. Africa Mobile Money Market Analysis
- 4.1 Market Portraiture
- 4.2 Market Size
- 4.3 Market Forecast
- 4.4 Impact of COVID-19
- 5. Africa Mobile Money Market by Technology
- 5.1 Introduction
- 5.2 USSD
- 5.3 Mobile Wallets
- 5.4 Others
- 6 Africa Mobile Money Market by Business Model
- 6.1 Introduction
- 6.2 Mobile Led Model
- 6.3 Bank Led Model
- 7. Africa Mobile Money Market by Transaction Type
- 7.1 Introduction
- 7.2 Peer to Peer
- 7.3 Airtime Top-ups
- 7.4 Others
- 8. Africa Mobile Money Market by Country
- 8.1 Introduction
- 8.2 Tanzania
- 8.3 Kenya
- 8.4 Uganda
- 8.5 Ghana
- 8.6 Others
- 9. SWOT Analysis
- 10. Porter’s Five Forces
- 11. Market Value Chain Analysis
- 12. Competitive Landscape
- 12.1 Competitive Scenario
- 12.2 Company Profiles
- 12.2.1 MTN.
- 12.2.2 Orange
- 12.2.3 M-Pesa
- 12.2.4 Tigo Pesa
- 12.2.5 Airtel Money
- List of Figures
- Figure 1: Africa Mobile Money Market (in US$ Million), 2020-2024
- Figure 2: Africa Mobile Money Market by Technology, 2024
- Figure 3: Africa Mobile Money Market by Business Model, 2024
- Figure 4: Africa Mobile Money Market by Transaction Type, 2024
- Figure 5: Africa Mobile Money Market by Country, 2024
- Figure 6: Africa Mobile Money Market (in US$ Million), 2025-2034
- Figure 7: Africa Mobile Money Market by Technology (in %), 2024 & 2034
- Figure 8: Africa USSD Mobile Money Market (in US$ Million), 2020-2024
- Figure 9: Africa USSD Mobile Money Market (in US$ Million), 2025-2034
- Figure 10: Africa Mobile Wallets Money Market (in US$ Million), 2020-2024
- Figure 11: Africa Mobile Wallets Money Market (in US$ Million), 2025-2034
- Figure 12: Africa Mobile Money Market by Business Model (in %), 2024 & 2034
- Figure 13: Africa Mobile Led Model Mobile Money Market (in US$ Million), 2020-2024
- Figure 14: Africa Mobile Led Model Mobile Money Market (in US$ Million), 2025-2034
- Figure 15: Africa Bank Led Model Mobile Money Market (in US$ Million), 2020-2024
- Figure 16: Africa Bank Led Model Mobile Money Market (in US$ Million), 2025-2034
- Figure 17: Africa Mobile Money Market by Transaction Type (in %), 2024 & 2034
- Figure 18: Africa Peer to Peer Mobile Money Market (in US$ Million), 2020-2024
- Figure 19: Africa Peer to Peer Mobile Money Market (in US$ Million), 2025-2034
- Figure 20: Africa Bill Payments Mobile Money Market (in US$ Million), 2020-2024
- Figure 21: Africa Bill Payments Mobile Money Market (in US$ Million), 2025-2034
- Figure 22: Africa Airtime Top-ups Mobile Money Market (in US$ Million), 2020-2024
- Figure 23: Africa Airtime Top-ups Mobile Money Market (in US$ Million), 2025-2034
- Figure 24: Africa Other Transaction Type Mobile Money Market (in US$ Million), 2020-2024
- Figure 25: Africa Other Transaction Type Mobile Money Market (in US$ Million), 2025-2034
- Figure 26: Africa Mobile Money Market by Country (in %), 2024 & 2034
- Figure 27: Tanzania Mobile Money Market (in US$ Million), 2020-2024
- Figure 28: Tanzania Mobile Money Market (in US$ Million), 2025-2034
- Figure 29: Kenya Mobile Money Market (in US$ Million), 2020-2024
- Figure 30: Kenya Mobile Money Market (in US$ Million), 2025-2034
- Figure 31: Uganda Mobile Money Market (in US$ Million), 2020-2024
- Figure 32: Uganda Mobile Money Market (in US$ Million), 2025-2034
- Figure 33: Ghana Mobile Money Market (in US$ Million), 2020-2024
- Figure 34: Ghana Mobile Money Market (in US$ Million), 2025-2034
- Figure 35: Others Mobile Money Market (in US$ Million), 2020-2024
- Figure 36: Others Mobile Money Market (in US$ Million), 2025-2034
- Figure 37: Market Value Chain
- List of Tables
- Table 1: Africa Mobile Money Market Portraiture
- Table 2: Africa Mobile Money Market by Technology (in US$ Million), 2024 & 2034
- Table 3: Africa Mobile Money Market by Business Model (in US$ Million), 2024 & 2034
- Table 4: Africa Mobile Money Market by Transaction Type (in US$ Million), 2024 & 2034
- Table 5: Africa Mobile Money Market by Country (in US$ Million), 2024 & 2034
- Table 6: List of Key Players
Research Assistance
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