Mobile Money usage surges in Cameroon, outpacing traditional banking

Business in Cameroon | The use of mobile money services has “particularly increased” in Cameroon, rising from 29.9% in 2017 to 42.7% in 2022 for the population aged 15 years or older, according to the results of the 5th Cameroon Household Survey (Ecam 5) released on April 24 by the National Institute of Statistics (INS). … The