Cassava Tech Talks Ep. 4: More than mobile money

In the latest Cassava Tech Talks podcast we discuss financial inclusion in Africa and how the ecosystem is evolving beyond just mobile money. Guests are Darlington T Mandivenga, CEO of Sasai, and Kalvin Bahai, principal economist at GSMA Intelligence.

Paula Gilbert, Editor

December 14, 2023

36 Min Listen

In an era when mobile money has revolutionized financial inclusion by providing access to banking services through mobile phones, the concept of financial inclusion has risen above the boundaries of mobile money.

On this episode of Cassava Tech Talks podcast, Connecting Africa Editor Paula Gilbert is joined by Sasai CEO Darlington T Mandivenga and Kalvin Bahai, principal economist at GSMA Intelligence, to delve into the multifaceted dimensions of financial inclusion and the various innovative strategies and technologies that have emerged beyond the payments space.

Here are a few topics we covered:

  • The state of financial inclusion in Africa and the key stats about the market. (1:20)

  • How Africa has used mobile to improve financial inclusion in a way that other parts of the world have not (5:00)

  • The role of mobile money in driving financial inclusion going forward and moving beyond a focus on just access (6:55)

  • How Africa differs from developed countries when it comes to mobile financial services (10:50)

  • Why digital infrastructure is key to expanding financial inclusion and the role the private sector plays (12:50)

  • Why it's too early to abandon feature phone users (15:00)

  • Whether regulation is keeping up with innovation in Africa (15:50)

  • How taxation on mobile money impacts usage (19:50)

  • The opportunities of interoperability when it comes to mobile money platforms, and how hard is it to make these systems work together (21:10)

  • The impact of emerging technologies like AI in expanding financial services to the unbanked and how Africa can benefit from this (25:55)

  • How digital IDs could help drive financial inclusion (28:30)

  • How financial inclusion is critical to ensure social development and economic growth (31:00)

    The podcast is available on Apple PodcastsSpotifyGoogle Podcasts or find other podcast platform options on our main page on Spotify for Podcasters.

    This podcast is sponsored by Cassava Technologies.

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About the Author

Paula Gilbert

Editor, Connecting Africa

Paula has been the Editor of Connecting Africa since June 2019 and has been reporting on key developments in Africa's telecoms and ICT sectors for most of her journalistic career.

The award-winning South Africa-based journalist previously worked as a producer and reporter for business television channels Bloomberg TV Africa and CNBC Africa, was the telecoms editor at online publication ITWeb, and started her career in radio news. She has an Honors degree in Journalism from Rhodes University.

Paula was recognized by Empower Africa as one of 35 trailblazers who shaped Africa's tech landscape in 2023 and she won the Excellence in ICT Journalism category at the MTN Women in ICT Awards in 2017.

Travel is always on Paula's mind, she has visited 40 countries so far and is currently researching her next adventure.

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