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WAEMU Mobile Money Outpaces Banking

WAEMU Zone: 70% Mobile Financial Inclusion vs 25% Formal Banking

Unverified — auto-generated summary, not yet reviewedFintech & PaymentsPan-AfricanJul 20, 2026

Audrey Koffi has highlighted that mobile financial inclusion in the WAEMU monetary zone exceeds 70 percent while formal banking penetration remains around 25 percent, per the interview. The data point frames the structural opportunity and challenge for fintech operators building in Francophone West Africa.

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