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AfricaAugust 1 2017

Letshego chief aims to lead race for African financial inclusion

Botswana-based Letshego is using years of experience to fulfil its aim of reaching sub-Saharan Africas unbanked population, as group managing director Chris Low tells James King.
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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.

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