Mastercard Expands Africa Acceptance Network by 45% to Accelerate Digital Economy Growth
Mastercard has significantly increased its acceptance network in Africa by 45% by 2025, aiming to accelerate the continent's digital economy. The company is expanding its presence, launching new initiatives, and hiring for SME-focused collaborations to tap into Africa's $1.5 trillion digital payment opportunities by 2030.
With recent expansions in Ghana, Uganda, and Mauritius, Mastercard is strengthening its local capabilities and advancing key digital infrastructure to enhance online and in-person payments. The company's focus on SMEs and consumer spending growth in key markets like Kenya, Morocco, Nigeria, and South Africa highlights its commitment to driving financial inclusion and economic progress in Africa.
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