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Africa.Table Feature Digital infrastructure

Mobile money: What PayPal’s expansion into Africa means

The US online payments provider PayPal is investing tens of millions of dollars in Africa and the Middle East. With a new global platform, the group aims to tap customer segments and markets beyond those served by traditional mobile money providers.

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Olivia Samnick, Lucia Weiß
20. February 2026
A man in Nairobi counts his money after withdrawing it using M-Pesa. (picture alliance / dpa | Daniel Irungu)

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Last updated: 20. February 2026

Nigeria PayPal Kenya Digital infrastructure Financial market