
The Youth Envoy TV
February 24, 2025 at 02:04 PM
* Did you know?
The BNPL payment market in Africa is poised for significant growth over the next decade driven by rising digital adoption, a growing e-commerce market and continued innovation in the payments landscape #africa #fintech #bnpl #africameansbusiness #theafricawewant
✅ BNPL in Africa is forecasted to grow by 19.1% on annual basis to reach US$5.34 billion in 2025.
✅ The African BNPL market experienced robust growth during 2021-2024, achieving a CAGR of 29.4%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 14.8% during 2025-2030.
✅ By the end of 2030, the BNPL sector is projected at approximately US $10.63 billion.
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c/o Research and Markets