Mobile money drives up savings in sub-Saharan Africa, report says

semafor.com/article/07/18/2025/mobile-money-drives-up-savings-in-sub-saharan-africa-report-says

The growing use of mobile money has driven a sharp rise in the number of people in sub-Saharan Africa who save money through formal channels.
According to the World Bank’s Global Findex Database report, the share of adults with formal savings stood at 35% in 2024, a 12 percentage point…

This story appeared on semafor.com, 2025-07-18 12:44:36.
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