Driving the Growth of Kenya’s Payment Acceptance Market
Kenya’s digital payments market continues to expand, with a projected compound annual growth rate (CAGR) of 14.1% between 2024 and 2028. By 2028, the market value is expected to reach US$14.54 billion. Meanwhile, mobile wallet payments driven by M-PESA, Africa’s largest mobile money platform and a product of the Kenyan mobile network operator Safaricom, showed a 12.7% CAGR…
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