Category: Service Industries
Africa Service Industries
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Credit Cards in Morocco
... due to limited consumer awareness, but also continues to suffer from a negative perception amongst locals due to fear of falling into financial difficulty, and concerns over fraud when transacting online. The application process for ... Read More
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Financial Cards and Payments in Morocco
... to see the strongest increases. Key players seeking to remain relevant have been rapidly adapting their offer with an innovative, wider range of products, characterised by simpler, more flexible lending terms and conditions, such as ... Read More
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Debit Cards in Morocco
... reliability of paying with existing money, rather than borrowed funds. This card type also continues to benefit from the expansion of financial inclusion, with such offerings often positioned as the primary entry point to banking ... Read More
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Consumer Credit in Morocco
... rates in Morocco. The latest report from Bank Al-Maghrib reflects this trend, which indicates that individuals with high incomes exceeding MAD6,000 per month hold the majority of the debt, at 64% with the debt ratio ... Read More
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Pre-Paid Cards in Morocco
... increasingly prefer debit card offerings, and their greater flexibility in transactions. The category also faces intensified competition from digital wallets, which have been benefiting from improved internet penetration, with such options gaining traction for online ... Read More
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Analysis by Region - Emerging Markets - Cameroon
... the year. The budget also plans to reduce subsidies. While this is socially unpopular, it would pave the way for the state to invest more in new roads and railways and to support projects in ... Read More
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Financial Cards and Payments in Middle East and Africa
... payment method in a number of countries, especially the African nations. Nevertheless, electronic and card payments are expected to continue gaining ground in the coming years, particularly given the stated ambitions of many countries to ... Read More
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Ghana Mobile Money Market Report by Technology (USSD, Mobile Wallets, and Others), Business Model (Mobile Led Model, Bank Led Model), Transaction Type (Peer to Peer, Bill Payments, Airtime Top-ups, and Others) 2025-2033
... Mobile money is a payment type based on accounts held by a mobile operator and accessible from subscribers’ mobile phones. It offers simple person-to-person transactions rather than complex banking transactions. It provides an easy, fast, ... Read More
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Analysis by Region - Emerging Markets - Malawi
... expected reopening of a uranium mine in September. However, the economy continues to be plagued by high inflation, rising public debt (which constrains fiscal spending), and forex and fuel shortages. As a result, we have ... Read More
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Analysis by Region - Africa
... Business sentiment remains positive, with most businesses in the private sector being optimistic about customer sales and output levels over the next 12 months. Ongoing investments in the oil and gas sectors will provide a ... Read More
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Analysis by Region - Emerging Markets - Namibia
... diamond production and drought-induced losses in agricultural output. The external outlook has weakened somewhat since our previous forecast due to subdued expectations of global monetary policy easing and uncertainty over a looming global trade war. Read More
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Analysis by Region - Emerging Markets - Lesotho
... electricity subsectors. We expect economic growth to accelerate to 2.8% in 2025 (from 2.1% in 2024), the highest figure in almost a decade and boosted by phase two of the Lesotho Highlands Water Project (LHWP-II). Read More
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Credit Cards in Nigeria
... households battled against challenging economic conditions, with existing cardholders using their credit cards to meet their financial obligations. Nevertheless, overall performance was hampered by rising interest rate in response to the Central Bank of Nigeria’s ... Read More
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Financial Cards and Payments in Nigeria
... domestic card scheme set to compete with other card operators due to its convenience and affordability, as well as the rapid expansion of payment infrastructure like POS machines. In addition, rising concerns over fraud have ... Read More
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Pre-Paid Cards in Nigeria
... cards have benefitted from expansion in digital offerings which facilitate secure online payments. Such cards are attractive to the growing number of tech-savvy shoppers in Nigeria. The momentum gained by pre-paid cards can be linked ... Read More
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Analysis by Region - Africa - Algeria
... be even longer if the group again misses its demand forecast for the year. If Algeria's oil output returns to normal levels beyond Q1, even if only gradually, this would be positive. Nevertheless, our projection ... Read More
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Consumer Credit in Nigeria
... depreciation of the Naira dampened demand for foreign-denominated credit cards. The situation was exacerbated by rising interest rates from the Central Bank to tackle rising inflation. Higher interest rates effectively reduced demand for large loans, ... Read More
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Debit Cards in Nigeria
... towards mobile transactions and digital payment solutions, thanks to higher smartphone penetration and the expansion of fintech products. For example, 3.0 Verse has partnered with Pal Remit to launch virtual debit cards in Nigeria. Despite ... Read More
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Macro - Country Economic Forecasts - Rwanda
... Below-average rainfall is predicted over H1 2025, which could diminish crop harvests with a concomitant increase in Rwanda's food import requirements. As a result, we expect agricultural output and exports to decline this year. There ... Read More
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Consumer Credit in South Africa
... demand for such lending. Demand for card lending has also benefited from improvements in online safety measures, attracting tech-savvy users, as reflected in the increased usage of digital wallets linked to credit cards. In parallel, ... Read More
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Analysis by Region - Emerging Markets - South Africa
... Economic conditions are mixed and modest positive momentum remains the order of the day. We have left South Africa's 2025 real GDP growth forecast unchanged at 1.5%, more than double the 2024 estimate of 0.7%. Read More
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Consumer Lending in Egypt
... its existing manufacturing and services sectors and strategic geographical location as a gateway to Africa, Asia, and Europe. Egypt is thus pursuing macroeconomic stabilisation and structural reforms, underpinned by the International Monetary Fund (IMF) Extended ... Read More
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Credit Cards in Egypt
... on the use of Egyptian credit cards used abroad in in late 2023 and early 2024, the CBE then instructed banks to open the limits for the use of credit cards in foreign currencies in ... Read More
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Consumer Credit in Egypt
... it is among the best out of peer countries. This allows for further growth in the consumer credit industry, both through bank credit and through consumer financing credit, as individuals now opt for financing for ... Read More
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Charge Cards in Egypt
... the decline is steeper in personal charge cards than seen in commercial charge cards. Euromonitor International's Charge Card Transactions in Egypt report establishes the size and structure of the market for ATMs cards, smart cards, ... Read More
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