In sub-Saharan Africa about 326 million adults do not use formal or semi-formal financial services. This unbanked group, according to consultancy McKinsey, offers innovative finance providers with a peerless growth opportunity. Indeed, momentum is building behind Africa’s financial inclusion agenda; mobile money operators are on the rise, commercial banks are launching microfinance units, and governments are pushing to formalise economic activity in their respective markets.
In this environment, Letshego, a Botswana-based financial services provider, stands apart. Boasting a pan-African footprint across 11 countries, Letshego’s ambition is to become the continent’s leading inclusive finance group.