SPECIAL REPORT :47pc of GDP transferred in mobile money revolution

Customers being served at mobile money transfer booths in Dar es Salaam.PHOTO|FILE

What you need to know:

  • Only eight years later, financial inclusion increased fivefold to reach 86 per cent putting Tanzania well ahead of most Sub-Saharan African countries.
  • All this is because of the mobile money revolution that has seen Sh43 trillion being transferred through mobile phones annually — equivalent to 47 per cent of the gross domestic product.