Latest / The Emerging Markets Podcast with Fexingo: Developing Economies, Growth, and Investment
How African Mobile Money Is Beating Banking Giants
Episode 58 dives into the quiet revolution in sub-Saharan African mobile money. Lucas and Luna unpack how Safaricom's M-Pesa has grown from a simple person-to-person transfer service into a full-stack financial platform — processing over 50 billion dollars a year, now competing directly with commercial banks for loans, savings, and credit. Using fresh data from the Central Bank of Kenya, they examine how mobile money penetration is outpacing traditional banking in 14 African economies. They also connect the trend to broader emerging market dynamics: while China ETFs like FXI and KWEB are…
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