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Mastercard bets big on Africa’s $1.5trn digital payment future

Mastercard is expanding its footprint across Africa as the continent’s digital payments sector is projected to reach $1.5 trillion by 2030, according to a new report commissioned by the company.


The report by Genesis Analytics highlights Africa’s strong digital outlook, driven by rising internet penetration, increased financial inclusion, and surging demand for secure digital transactions.


Mastercard says it is deepening its commitment to the continent by investing in fintech infrastructure, support for small businesses, and cross-border payment solutions.

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