Evolution of Mobile Internet Connectivity in Sub-Saharan Africa

Though there are many driving forces at work to propel the fintech ecosystem forward across the African continent, there still remains many barriers and systemic challenges to mass adoption of fintech and the successful achievement of financial inclusion.

One of the main challenges is the lack of infrastructure and access to reliable internet connectivity in many parts of the continent.

Despite strong mobile phone penetration, many of these mobile phone owners do not have steady enough incomes to afford data subscriptions.