Mobile Money Response to COVID-19 in Africa: What Can We Learn?

As a result of the COVID-19 pandemic, countries, individuals, and enterprises must adjust their everyday life practices. Life has changed a lot since the COVID-19 eruption, from how we buy, spend, work, interact, communicate, and everything. Mobile money is considered an essential tool to reduce the spread of COVID-19. Mobile money services facilitate making and receiving payments, paying utilities, money transfers, and cash transfers to affected communities. Some countries have adjusted their mobile money policies, laws, tariff, and procedures to respond to COVID-19. This paper reviews mobile money responses containing COVID-19 to draw lessons for future pandemics. We believe that through these lessons, countries could position themselves in strategic options in future pandemics.