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Telcos transacted Sh114tr via mobile money, says GSMA

Mobile money plays a key role in the daily lives of people and businesses. [Wilberforce Okwiri, Standard]

A global lobby for mobile network operators has said mobile money adoption and use saw continued growth in 2021, processing a record $1 trillion (Sh114 trillion) annually.

The GSM association (GSMA) head of mobile for development Max Cuvellier said the industry is key to business growth.

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