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Africa’s $1.5 Trillion Payments Opportunity is in B2B – Not Just Mobile Money, Says MasterCard
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Africa’s $1.5 Trillion Payments Opportunity is in B2B – Not Just Mobile Money, Says MasterCard
As Africa’s fintech ecosystem matures, the next major growth frontier may not lie in peer-to-peer mobile transactions – but in the vast, under-automated world of business-to-business (B2B) payments. A recent report by MasterCard highlights that Africa’s digital payments market could reach $1.5 trillion by 2030, with B2B payments forming the bulk of that opportunity. While mobile money continues to dominate headlines and daily life across the con…
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