Zambia Doubles Mobile Money Agent Numbers

Zambia’s central bank hailed the impact of partnerships between mobile money service providers, as the country booked a rapid increase in the number of accounts and agents during 2018, IT Web Africa reported.

At a launch event for the Bank of Zambia annual industry report, the organization’s deputy governor Bwalya Ngandu attributed increases to service provider collaborations. He added the increase in agent numbers would allow a greater number of people to access the service and aid the government’s push for financial inclusion.