From 2020 to 2025, the total market volume of electronic transactions is predicted to demonstrate rapid growth in Africa. By 2025, wallets contributes the most to the total market volume, with 88 billion electronic payments out of a combined total of 188 billion. Electronic transfers are expected to follow with 59 billion transactions in the same year.
Expected total market volume of electronic transactions in Africa from 2020 to 2025, by type
(in billions)
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McKinsey & Company. (September 22, 2022). Expected total market volume of electronic transactions in Africa from 2020 to 2025, by type (in billions) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1405860/expected-total-market-volume-of-electronic-transactions-in-africa/
McKinsey & Company. "Expected total market volume of electronic transactions in Africa from 2020 to 2025, by type (in billions)." Chart. September 22, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1405860/expected-total-market-volume-of-electronic-transactions-in-africa/
McKinsey & Company. (2022). Expected total market volume of electronic transactions in Africa from 2020 to 2025, by type (in billions). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1405860/expected-total-market-volume-of-electronic-transactions-in-africa/
McKinsey & Company. "Expected Total Market Volume of Electronic Transactions in Africa from 2020 to 2025, by Type (in Billions)." Statista, Statista Inc., 22 Sep 2022, https://www.statista.com/statistics/1405860/expected-total-market-volume-of-electronic-transactions-in-africa/
McKinsey & Company, Expected total market volume of electronic transactions in Africa from 2020 to 2025, by type (in billions) Statista, https://www.statista.com/statistics/1405860/expected-total-market-volume-of-electronic-transactions-in-africa/ (last visited November 21, 2024)
Expected total market volume of electronic transactions in Africa from 2020 to 2025, by type (in billions) [Graph], McKinsey & Company, September 22, 2022. [Online]. Available: https://www.statista.com/statistics/1405860/expected-total-market-volume-of-electronic-transactions-in-africa/
