WorldRemit Africa Revenue to Double by 2020 on Mobile Money

By News Editor 3 years ago

The British electronic money operator WorldRemit has projected their revenue in Africa to double by 2020 due to the proliferation of mobile payments in the continent. As a sign of their confidence in their operations in Africa they plan to open an office in (their largest market), South Africa, and eventually Kenya. Africa is said to account for half of their annual revenue and they’ve taken steps to ensure they gain a solid foothold


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