• Mobile money helps Africa's poor access financial services
• Continent accounts for 70% of transactions by value
• Taxes seen pushing marginalised out of digital economy
By Kent Mensah and Nita Bhalla
ACCRA/NAIROBI, May 25 (Thomson Reuters Foundation) - Ghanaian grocery store owner.
• Mobile money helps Africa's poor access financial services
• Continent accounts for 70% of transactions by value
• Taxes seen pushing marginalised out of digital economy
By Kent Mensah and Nita Bhalla
ACCRA/NAIROBI (Thomson Reuters Foundation) - Ghanaian grocery store owner Comfort.
Cash-strapped African nations are rolling out an e-levy on mobile money transactions to boost revenues, but the policy could hurt the poorest as the cost of living rises and reverse impressive gains made in boosting economic inclusion.
Cash-strapped African nations are rolling out an e-levy on mobile money transactions to boost revenues, but the policy could hurt the poorest as the cost of living .