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Wireless

Kenya's mobile money FY transactions hit KES 3.57 trln

Thursday 3 August 2017 | 11:52 CET | News
Cash transacted through mobile money platforms in Kenya reached hit KES 3.57 trillion between July 2016 and June 2017 in about 1.7 billion transactions, Central Bank of Kenya's latest statistics show. The value was 15.8 percent higher than the previous year's KES 3.086 trillion. This means the transactions were an equivalent of 48.76 percent of Kenya's estimated Gross Domestic Product (GDP) of KES 7.33 trillion as of December 2016 going by the World Bank Group data.

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Categories: Mobile & Wireless
Countries: Kenya
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