22 June 2023•
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.
The International Telecommunications Union (ITU) conducted a study in 2020 to determine how many global households had access to the internet or to a household computer. 23% of Sub-Saharan African household respondents had access to internet, and only 12% had access to a computer at home.
As many as 13% of sub-Saharan Africans claimed to be using a computer on a regular basis, which states the importance of owning a computer at home.
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