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Financial inclusion of African populations: MTN Benin wants to accelerate its growth in financial technologies

15/01/2025
Source : ORISHAS FINANCE
Categories: Sectors

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Dans le but to strengthen the financial inclusion of local populations, MTN Benin wants to accelerate its growth in the financial technology sector eras.

Le leader des télécommunications en République du Bénin operates a strategy aimed at making it go from being a telecommunications company to a technological company. Like other players in the sector in Africa, MTN is looking to better position itself to take advantage of the promising prospects for fintech on the continent. Le mardi 14 janvier Serigne Dioum, CEO of MTN Group Fintech presented to the press the progress of the group's strategy for financial inclusion in Benin. Indeed, the group's Ambition 2025 strategy results in 5 million active MoMo (mobile money) customers, 200,000 merchants, 140,000 agents, 4.5 million daily transactions, 4.5 million daily transactions, international payments implemented, international payments implemented, 44 billion FCFA (approximately 68.7 million USD) loaned to 1 million users and 70,000 savers. It should be noted that MTN is the leader of the mobile telephony market in Benin with around 9 million subscribers for a market share of nearly 50%

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