Cross-border mobile money flows grew by 33 per cent to Sh698 billion

Cross-border mobile money flows grew by 33 per cent to Sh698 billion

Dar es Salaam. Tanzania has recorded a sharp increase in cross-border mobile money inflows by 2025, with the value of incoming transactions rising 33.45 per cent to Sh698 billion, with digital payments increasing regional trade and remittance flows. According to the Bank of Tanzania (BoT), the volume of incoming cross-border mobile money transactions also increased …

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Uganda makes it difficult to use $100 billion in digital payments

Uganda makes it difficult to use $100 billion in digital payments

The move represents a significant shift in Uganda’s fiscal strategy. Instead of promoting electronic payments, regulators are now pushing consumers and businesses away from cash and paper-based transactions and towards digital channels. From January 1, 2027, individuals will be allowed to withdraw a maximum of $13,700 (UGX50 million) per day and $68,500 (UGX250 million) per …

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Morocco’s mobile payments more than doubled to reach MAD 3.9 billion

Morocco World News

Casablanca – Amal El Fallah Sekhrouchni said today that mobile payments in the country doubled to nearly MAD 3.9 billion in the past year as digital financial services continue to advance across Morocco. Speaking at the third edition of the Visa FinTech Day in Rabat, the Ministerial Representative for Digital Transformation and Administrative Reform said …

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