MFS AFrica: Moves into Sierra Leone
- MFS Africa is a pan-African fintech company that develops innovative value-added services for mobile wallets
- Announces that it has made its entry into Sierra Leone, partnering with Afrimoney, pan-African telecommunications leader Africell’s mobile money service
- Enable mobile money users in the country to receive payments from abroad smoothly and affordably
- Remittances from abroad amount to more than half of annual household consumption in Sierra Leone
- As of 2017, less than one in five people in Sierra Leone had a bank account, and mobile money provides an alternative to conventional finance
- To drive growth in Sierra Leone, bringing more people into the financial system is essential
