Benin: Benin's Expansion of Digital Finance

[CGAP]Washington DC -The market for digital financial services in Benin is nascent. With an adult population of approximately 6.5 million, it is fairly small compared to countries like Cote d'Ivoire and Senegal where big players seem to have focused most of their efforts to date. There are currently three providers of mobile money in Benin reaching close to 500,000 mobile money users, approximately 10% of whom are ac