Why Africans Don’t Trust Fintech’s and Mobile Money (Yet)
Let’s start with a simple truth: access isn’t the same as trust.
We’ve spent over a decade celebrating Africa’s financial inclusion boom — the millions of new mobile wallets, the rise of fintech titans from Lagos to Nairobi, the mammoth stats that make development economists beam. Yet, I keep coming back to one uncomfortable question: do Africans trust the financial systems we’ve created for them?
Because if they don’t, then all we’ve built are digital doors — not open ones.