Ghana’s Affinity Africa wants you to carry a full-fledged bank in your pocket
- Mobile money accounts are widely used in Ghana, reducing the need for traditional banks.
- Kofi Dotse, a Ghanaian entrepreneur, has not visited a bank in years, preferring mobile money for transactions.
- Affinity Africa has launched a digital bank to provide full banking services, addressing the limitations of mobile money.
The growth of mobile money in Ghana represents a significant shift in financial services, but it also highlights the need for comprehensive banking solutions that address the limitations of mobile platforms. Affinity Africa's approach to providing affordable and accessible banking services could serve as a model for other regions facing similar challenges.
