Mobile Money is Africa’s success story and Africans must tell it, says MobileMoney Fintech expert

By:  Nana Appiah Acquaye

Africa must take greater ownership of its global narrative by highlighting its innovations, resilience and business successes, according to Nanatunde Davies, Risk and Compliance Senior Manager at MobileMoney Fintech LTD.

Speaking during a panel discussion at the inaugural Communicating Africa Summit in Accra, Nanatunde Davies called on Africans to move beyond outdated narratives centred on dependency and instead project a more confident and authentic story about the continent’s transformation.

Davies identified mobile money as one of Africa’s most significant home-grown success stories, describing it as a practical demonstration of how African innovation is reshaping economies and advancing financial inclusion across the continent.

She noted that mobile money has evolved from being viewed primarily as a development aspiration into an everyday financial tool used by millions of people to send, receive, save and transact more efficiently and securely. According to her, the technology has helped many businesses transition from cash-based operations to digitally enabled systems, strengthening resilience and expanding participation in the formal economy.

Davies stated that Africa has already found its voice and should now focus on telling its own story through the lens of enterprise, innovation and economic relevance. She argued that mobile money illustrates how African-led solutions are addressing local challenges while creating systems capable of competing globally.

The remarks come amid growing discussions on Africa’s digital transformation and the role of financial technology in driving inclusion, entrepreneurship and economic growth across the continent.