Monday, February 10, 2014

Kenya Mobile money transactions top $22 billion in 2013

Kenya's Central Bank has revealed in a report that a total of KSh1.9 trillion (US$22 billion) was transferred in mobile transactions in the country last year.

According to the report, mobile money subscribers rose to 25.1 million in September with 732 million mobile transactions recorded in the year.

Mobile money has continued to witness steady rise in Kenya and the east African region and gained widespread adaption as the region's primary system of financial transaction.

According

More details here...

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