Category Archives: Analysis

Africa blazes mobile money trail

The market for banking in sub-Saharan Africa has developed slowly. The majority of people in sub-Saharan Africa (as many as three in every four) are still unbanked, meaning that their experience with formal financial institutions is (more…)...
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Global smartphone sales set new record

Global smartphone sales set a new milestone in the fourth quarter of 2014, reaching $115 billion for the quarter, an increase of 20% year-on-year, according to data from research firm GfK. The number of units sold globally increased to almost (more…)...
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Nigerian electronic payments hit N35 trillion

The value of electronic payments rose by 150% in two years to N35 trillion in 2014, reflecting the impact of the cashless policy. Deputy Governor, Economic Policy, Central Bank of Nigeria (CBN) Dr. Sarah Alade disclosed this in Lagos at the inauguration (more…)...
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UK reports digital payments acceleration

Total spending on Visa cards in the UK has surpassed £600 billion for the first time reports Visa Europe. The results provide strong evidence of the UK’s transition to a digital payments economy and a sign of the most exciting period (more…)...
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