Wednesday, March 8, 2023

Blog: How mobile money can empower women: Evidence from Africa

Mobile money has had a major impact in expanding access to and increasing utilization of financial services amongst women in Africa. The uptake of mobile money has brought benefits such as greater shock-resilience, poverty alleviation, and stimulating women entrepreneurs. However, narrowing the gender gap in the uptake of mobile money still requires grappling with affordability of mobile devices, low digital literacy levels, and educational disparity.

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