A customer uses the AliExpress app on a mobile phone, after Safaricom secured a deal to use its M-Pesa mobile payment service for online shopping on one of Alibaba's platforms, at their offices in Nairobi, Kenya March 12, 2019. REUTERS/George Nganga
NAIROBI: The proportion of Kenya's population with access to formal financial services rose to 83% from 75% in 2016, driven largely by mobile technology, a survey part-conducted by the central bank showed on April 3.
The East African nation is one of the world's leaders in mobile money services, after telecoms operator Safaricom pioneered its M-Pesa service 12 years ago to cater for Kenyans without access to the formal banking network.
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