Botswana leads SADC mobile money boom

Friday, September 06, 2024 | 1090 Views |

Growing uptake: More Batswana are using mobile money services PIC: MORERI SEJAKGOMO

Botswana’s surging P30 billion mobile money market has been ranked the largest in the Southern African Development Community (SADC) market, a report by Arkwright Consulting has established.

Arkwright is a global leading strategy and management firm.

The bullish local mobile money market, as of March 2024, had a total of 1.1 million subscribers, placing the country ahead of its regional counterparts and signifying the strong penetration of local mobile money in Botswana.

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Botswana leads SADC mobile money boom

Botswana’s surging P30 billion mobile money market has been ranked the largest in the Southern African Development Community (SADC) market, a report by Arkwright Consulting has established.