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Dar’s Tigo nets a million mobile money users as it aims higher

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.

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