Dar es Salaam, Tanzania: Tigo Tanzania, a unit of emerging markets telecom group Millicom Cellular International, said it had added 1 million mobile money service users over the past year and now wants to expand further in the fast-growing market.
Mobile money transfers, pioneered by Vodafone’s Kenyan unit Safaricom, have grown rapidly in east Africa, offering companies an easy way to tap a market where many people do not have bank accounts.