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Kenya's Safaricom is expanding its mobile money transfer service M-Pesa to West Africa. By Alasdair Howorth
When the service was launched in Kenya in 2007 it revolutionised banking and money services in the country. Football writer
But it is entering a much more crowded market in West Africa. How Swiss coach Nora Hauptle is restoring pride to Ghana's Black Queens after years in the African football wilderness.
There are more new mobile money customers in the region than anywhere else in the world, a recent report found.
In Nigeria, for example, less than half of all adults are said to have a bank account, meaning many rely on mobile money services such as Palmpay and Opay.
The M-Pesa plans on were announced on Monday.
It's part of a deal with Access Holdings - the parent company of Africa's largest bank, and a Nigerian wealth management group called Coronation Group.
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