Uganda: MTN Uganda Introduces Overdraft Facility As It Steps Up Competition in Digital Lending Space

January 13, 2022 | News Source: AllAfrica News: Economy, Business and Finance
[TechCrunch] Africa's mobile-money sector remains the most active of any region in the world according to GSM Association (GSMA), an umbrella body representing the interests of players in the telecommunications industry. The report shows that registered mobile money accounts in Africa stood at slightly over half a billion in 2020, a 12-percentage point growth from the previous year. The value of transactions hit $495 billion, up 23-percentage points.

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