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Kenyans move Sh1.1 trillion through mobile money in first quarter

NAIROBI, KENYA: A total of Sh1.1 trillion was moved through mobile money transfer services in the first quarter of this year, a new survey by the communications Authority of Kenya says.

With total mobile money subscription hitting 27.5 million, the person to person money transfers amounted to Sh520b while total transaction of 290.5 million worth sh627.4b went to buying goods and services.

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