CELLPHONES and rising connectivity in Ghana and other parts of Africa will give rise to a new market in mobile financial services, creating explosive opportunities for business on the continent, according to research. The Boston Consulting Group (BCG) estimates that in the next three years, 250 million Africans including Ghanaians without access to traditional banking services will have mobile phones and a monthly income of at least $500. That could translate to projected revenues of $1.5bn from mobile financial services, it says in its latest report.
Read more at: http://businessdayghana.com/mobile-banking-revenues-to-hit-of-1-5bn/
