This post was originally published on this site.
Africa accounted for 94.2% of the $3.18bn airtime-on-credit borrowed in 2025, led by strong demand in NigeriaNew data shows that airtime advances rose 12.3% to $3.18bn, while nano-loans more than doubled to $2.30bnThe company in charge revealed that its revenue jumped 75.5% to $265.36m, but it is worried about credit loss
Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
Mobile subscribers in Nigeria and other emerging markets borrowed $3.18billion in airtime on credit in 2025, with Africa accounting for over 94% of the entire amount.
This was disclosed in the recent financial reports released by a fintech firm, Optasia.
Optasia reports strong growth in airtime credit services Photo: NurphotoSource: Getty Images
Airtime, data borrowing on the rise
The value of airtime advances increased by 12.3% from $2.83 billion in 2024, emphasising a reliance on digital micro-credit service in
