African markets

Kenya: Safaricom takes 99.9% of the mobile money market

Safaricom has raised its control of the mobile money market to 99.9% as part of regulators’ efforts to open up its M-Pesa platform to interface with those of rivals Airtel Kenya and Telkom Kenya in a bid to enhance competition in the sector. Data from the Central Bank of Kenya (CBK) shows that M-Pesa has […]