According to the world bank study Somalia’s mobile money transactions are worth about $2.7 billion a month.$2.7 billion x 12 months= $32.4 billion dollars per years.
NB: Kenya’s populations—48.4 million & Kenya’s mobile money transaction is valued at 37 billion dollars.
When it comes to a mobile money adoption Somalia is the world's leader in mobile money adoption.Hormuud's Taaj is 3 years old and Mpesa is trying to get into global remittance industry.Somalia's telecoms will attract private equity firms Investments.Potential for fintech industry