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M-Pesa continues dominant position in Kenyan mobile money market

Despite increased competition, M-Pesa is maintaining a large lead the Kenyan market, according to official statistics.Over KES1 trillion ($10 billion) of mobile money deposits and withdrawals took place in Kenya between July and September 2016. The Kenyan government’s latest quarterly update on the communications sector showed there were 31 million subscriptions across the country’s competing [...]

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