37% of people in Cameroon have access to the internet, and 79% of the population have a mobile phone connection.
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Cameroon
No Open Banking
52% of adults in Cameroon had bank accounts, leaving 48% unbanked. People widely prefer informal credit over formal credit. The mistrust of the banking industry has been cited as a reason for the sluggish development of mobile money Fintech.
Cameroon ranked 105th out of 134 countries in Wiley’s Digital Skills Global Index 2021.
Ozone API in partnership with Smart Data Foundry
