Mobile Banking Services In Africa: The Emergence Of Mobile Savings, Credit And Insurance

“The Report Mobile Banking Services In Africa: The Emergence of Mobile Savings, Credit and Insurance provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. –”




The mobile money market has been evolving quickly and the African region is witnessing the emergence of mobile banking services including savings, credit and insurance.

Mobile money services has a huge potential for revenue generation for telcos, owing to relatively low penetration of banking services (around 29% of the population) and mobile phones (which is nearly 80% of the population).

There were around 255 live mobile money services operating in 89 different countries in the region. Most of the leading operators in the region (like Safaricom, Orange, Vodacom etc) have developed their own mobile money services.


View Full Report at:


Key Findings


The mobile savings market is driven by two distinct commercial models:

the development of dedicated saving accounts, separated from the mobile wallet, and the distribution of interest based on money stored in the mobile wallet.

In the second model, MNOs do not need to create specific partnerships with banks, and have full control of the operation


Download Detail Report With Complete TOC at:


Table of Contents


Executive summary


The importance of mobile money in Africa

Road toward the provision of mobile banking services


Product line extension

Alternative business models

Overview of mobile banking case studies

Mobile savings

Overview and commercial models

Tigo Wekeza in Tanzania

Safaricom M-Shwari in Kenya

Mobile credit

Overview and commercial models

Econet Wireless EcoCash loans in Zimbabwe

Orange Money Emergency Credit (pan-Africa)

Mobile insurance

Overview and commercial models

Airtel Mobile Insurance in Ghana

Safaricom Kilimo Salama in Kenya

Key findings and recommendations


Browse all latest Press Releases of Market Research Reports



About us is the most comprehensive collection of market research reports.

MarketResearchReports.Biz services are specially designed to save time and money for our clients.

We are a one stop solution for all your research needs, our main offerings are syndicated research

reports, custom research, subscription access and consulting services. We serve all sizes and types

of companies spanning across various industries.




Mr. Nachiket

90 Sate Street,

Suite 700  Albany,

NY 12207 USA

Tel: +1-518-621-2074

Canada Toll Free: 866-997-4948



Follow us on LinkedIn: