Discover More Markets in Africa to Expand your Payment Offer

Ghana has around 33 million people, and it's known for its stability. With an internet penetration rate of about 72%, the country's digital commerce is expected to grow 73% between 2023 and 2027. 

With a population of approximately 20 million, Zambia is in the midst of digital transformation. Although internet penetration is only at 27%, it is expected to grow by 27.5% through the next five years. 

With a population of approximately 47 million, Uganda has been experiencing steady economic growth. As of recent data, the internet penetration rate is 27%, showcasing excellent room for digital expansion in the coming years, while its GDP should grow 58.1% between 2023 and 2028.

Home to 112 million people, Egypt, Africa's second-largest economy, shows high mobile and internet penetration rates. With digital commerce penetration at 37%, the market is poised to double to USD 17 billion by 2026, fueled by a growing young demographic with rising disposable income.

Morocco, with nearly 38 million people and Africa's highest internet penetration at 90%, stands as a flourishing hub for digital commerce. As the sixth-largest African economy, the country has a thriving developing digital payments landscape fostering online purchases.

Among the top 10 largest African economies and home to over 65 million people, Tanzania has a burgeoning online population. The internet penetration is 29% in 2023, while its GDP should grow 59.35% between 2023 and 2028.