Morocco Accelerates Fintech Push Under Digital 2030 Plan

Mozambique’s fintech expansion is centered on mobile technology, digital payments and online financial services that can reach consumers beyond traditional bank branches. The shift matters in a market where access to formal finance remains uneven, particularly for rural communities and small businesses. Banco de Moçambique oversees the financial system, making its regulatory approach an important factor in determining how quickly providers can broaden payment and basic financial services.

The latest report focuses on developments during 2026, examining Mozambique’s digital-payment landscape and the wider digitization of financial services. It highlights technology-led efforts to improve financial inclusion but provides no specific investment amount, transaction volume or market-share figure. Attention will therefore turn to regulatory measures, service coverage and adoption data released during the year as indicators of whether digital finance is producing measurable gains for consumers and businesses.

Mauritania’s economy remains anchored in iron ore, fisheries and offshore gas projects such as Greater Tortue Ahmeyim, with 2026 gross domestic product estimated at about $12 billion and GDP per capita near $2,400. Its vast territory, dispersed population and limited banking infrastructure outside urban centers make mobile-led finance particularly important. Digital wallets and payment services offer a route to wider financial access in a market where cash remains dominant and traditional branch networks have struggled to reach underserved communities.

A May 5, 2026 analysis by The Fintech Times estimates Mauritania has roughly 20 active fintech-related players, focused mainly on mobile money, payments and remittances. It identifies Bankily, Masrvi, Sadad Mauritanie and Banque Mauritanienne pour le Commerce International as key operators. From 2024 to 2026, the Central Bank of Mauritania worked to modernize national payments, improve interoperability and strengthen oversight. The report says only about one-quarter of adults held formal financial accounts in 2025, underscoring the gap that remains despite rising urban mobile-money use.

Comoros, an Indian Ocean archipelago, relies heavily on agriculture, development assistance and inflows from its overseas population, while its small, concentrated banking system leaves many people dependent on cash and informal finance. World Bank estimates put GDP per capita at just under $1,800, and remittances have historically represented about 12% of GDP. That makes mobile connectivity, digital wallets and lower-cost remittance channels central to efforts to broaden financial inclusion and modernise the economy.

The Fintech Times reported on March 26, 2026, that digital-payment volumes in Comoros were expanding by an estimated 15% to 20% annually, even as the country hosted fewer than 10 fintech and digital-finance providers. In 2026, pan-African telecommunications and financial-services group Axian secured a digital financial institution licence from the Central Bank of Comoros, allowing it to offer fully digital nano- and micro-loans through mobile devices. The operation builds on Axian’s MVola mobile-money ecosystem.