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Africa Mobile Money Market Worth $14.27 Billion by 2020

Jul 15, 2015 - PR Newswire

According to a new market research report,"Africa Mobile Money Market by Transaction mode (NFC/Smart Cards, Direct Mobile Billing, Mobile Web/WAP Payments, SMS, STK/USSD, and others), by Nature of Payment, by Location, by Type of Purchase, and by Country - Forecast to 2020", published by MarketsandMarkets, Africa Mobile Money Market to grow from $2.73 Billion in 2015 to $14.27 Billion by 2020, at a Compound Annual Growth Rate (CAGR) of 39.2%.

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