![Increased mobile penetration and rise in interoperability are among factors leading to increasing mobile banking. (Image source: Erik (HASH) Hersman/Flickr)](/images/Mobile%20Money%20-%20Erik%20HASH%20Hersman%20-%20Flickr.jpg)
Increased mobile penetration and rise in interoperability are among factors leading to increasing mobile banking. (Image source: Erik (HASH) Hersman/Flickr)
A recent report by MarketsandMarkets has affirmed that the mobile money market in Africa will grow to US$14.27bn in the next five years