MTN Mobile Money and the ayoba superapp have been making strides in helping several African entrepreneurs and businesses conduct payments with ease. MTN Ghana reportedly had 10.6 million active MoMo users and 1.4 million ayoba subscriptions at the end of September 2021.
MTN released a highlight of a small business that has seen tremendous growth with the use of Mobile Money.
Daniela Fosuhene is a shop owner in Anloga in Kumasi, Ghana, some 250km northwest of Accra. She has been using MoMo to manage her small retail business ‘Mega Dan Ventures’ and to make payments to her suppliers.
“MoMo is such a fantastic service which I totally depend on for almost everything I do. Most importantly, it has given me a livelihood. It is easy to use, convenient, reliable and safe. Indeed, I can confidently call MoMo a lifesaver.”
Daniela Fosuhene, Entrepreur in Ghana
MTN further disclosed that Daniela is the leader of an ayoba group chat on which she and other small shop owners coordinate bulk purchases of products, so that they can share in the savings that buying this way affords.
