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Mobile money markets and financial inclusion
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02/07/24
Mobile money has created many opportunities for users. But its fees can be expensive. One solution: create competition between mobile money providers in Africa through interoperability. But if we reduce the profitability of providers, might it also reduce network coverage, and therefore financial inclusion too? Nicola Limodio tells Tim Phillips about the upside and downside of competition in Africa’s mobile money market.
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