Vodafone Fiji M-PAiSA — Mobile Money for Financial & Digital Inclusion
Fiji
Launched in 2010, Vodafone Fiji's M-PAiSA mobile wallet became the country's leading digital-payment channel, reaching 632,123 users (two-thirds of Fijians) …
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M-Pesa Mozambique – Vodacom/IFC Financial Inclusion Partnership
Mozambique · Maputo · See the Mozambique profile
Vodacom's M-Pesa mobile money platform, revitalised through a 2018–2022 IFC partnership that tripled active users from 1.9 to 6 million, now serves roughly 10 million Mozambicans — while a 2024 follow-on agreement targets rural smallholder farmers still left out.
1.9M → 6M
Active registered users (2018-2022)
~US$142 million (9bn meticais)
Agent commissions earned (2018-2022)
~10 million
Users (self-reported) (mid-2024)
~40% (vs 64% SSA average)
Adults with a mobile-money account
Details
- Maturity
- Established
- Promoter
- Vodacom Mozambique (M-Pesa), with International Finance Corporation (World Bank Group)
- Period
- 2013–present
- Keywords
- mobile money, financial inclusion, fintech, digital payments, agent banking, rural smallholder inclusion
Context
Vodacom launched M-Pesa in Mozambique in 2013 to let unbanked and underbanked citizens send money, pay bills, receive salaries and save via a mobile wallet and cash-in/cash-out agents, in a country with low fixed-broadband and bank-branch penetration. From 2018 to 2022 the IFC partnered with Vodacom to revitalise the agent network and expand merchant acquisition; a February 2024 follow-on agreement targets rural smallholder farmers, who account for 93% of agricultural production.
Results
IFC reports active registered users tripled from 1.9 to 6 million (2018-2022), with agents earning roughly 9 billion meticais (~US$142 million) in commissions; the 'Xitique' group-savings product is used more by women than men. By mid-2024 Vodacom's CEO reported about 10 million users and annual transaction volume near US$15 billion. Still, only about 40% of Mozambican adults hold a mobile money account versus a 64% Sub-Saharan Africa average - the inclusion gap is real, not closed.
Implementation
Implementation detail (cost, timeline, staffing, conditions for success) is not yet available for this practice.
Data sources
Where this practice's information was retrieved from, and when.
- C-NAPSE web research — accessed 2026-07-03
- Vodacom Mozambique (M-Pesa), with International Finance Corporation (World Bank Group) — accessed 2026-07-03
- IFC – IFC and M-PESA Partner to Increase Financial Inclusion in Mozambique — accessed 2026-07-03
- Developing Telecoms – Vodacom, IFC partner to expand M-Pesa in Mozambique — accessed 2026-07-03
- Club of Mozambique – M-Pesa Hits $15 Billion in Transactions — accessed 2026-07-03
Attachments
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