[fegul]

Regarding mobile payments in general, it seems Kenya/M-Pesa is always the standard that people refer to but we don't hear much about mobile payment adoption in other African countries.

In your experience, do you think others still lag behind Kenya in terms of adoption and, if so, why?

[benjaminf]

Yes, definitely Kenya is where M-pesa started but if you look at recent GSMA reports, over $300B was transacted in Mobile Money within Sub Saharan Africa just last year.

Kenya is definitely the country where mobile money is used the most, but we are seeing other countries catching-up quickly. There are two fantastic studies that we’ve been using quite a bit:

1) The World Bank Findex study has 2014 and 2017 stats on the percentage of the population that has executed a mobile money transaction. You’ll see that 7 countries have a ~40% or greater value (Kenya, Uganda, Zimbabwe, Gabon, Namibia, Ghana, and Tanzania) and that adoption has increased quite a bit between 2014 and 2017. https://datacatalog.worldbank.org/dataset/global-financial-i...

2) GSMA has really great intelligence as well. Check-out the dataset on the site: https://www.gsma.com/mobilemoneymetrics/#global?y=2018?v=ove...