The Enabling Environment for Mobile Banking in Africa

This report investigates the extent to which the expansion of mobile telephony is likely to lead to the expansion of access to appropriate financial services in developing countries, especially Africa. In particular, it seeks to answer two main questions:

  • Which models of mobile banking are emerging globally, and especially in Africa, and are they likely to be accelerate access?
  • Will it happen spontaneously or is enablement required for this to happen? If so, what forms of enablement?

To answer these questions, the report investigates emerging models and trajectories of development in m-payments and m-banking through interviews with emerging African providers and the use of secondary material. It assesses the policy and regulatory elements of an enabling environment for this sector based in part on the analysis of circumstances in two pilot African countries (Kenya and South Africa).

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