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Huawei Quietly Becomes a Dominant Player in Africa’s Burgeoning Mobile Money Sector

by Eric Olander
Wu Peng is China's top diplomat for Sub-Saharan Africa.

Quietly and largely out-of-sight, Chinese telecom giant Huawei is becoming one of the most important actors in Africa’s mobile payment business. Many people don’t realize that the popular Kenyan mobile payment service M-Pesa runs on Huawei Mobile that each year processes tens of billions of dollars in transactions for millions of customers.

Huawei Mobile Money also powers similar mobile payment systems in other African countries including Ghana, Angola, and Ethiopia.

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