More than 300 million adults in Africa, about 42 percent of the adult population, have neither bank nor mobile money accounts, highlighting the facade of financial inclusion on the continent, World Bank says in a new study.
The Global Findex 2025 Digital Connectivity Tracker notes that of the 50 economies around the world on Global Findex 2025 which have account ownership rates lower than 60 percent, 21 are in Sub-Saharan Africa.
