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The Guardian - UK
The Guardian - UK
World
Eromo Egbejule in Algiers

Cash is still king across Africa. Can a new payment platform transform business?

A man waves currency bills
An Algerian man waves currency bills. Unlike in some other parts of Africa, mobile money transfers are not common and only a few establishments take card payments. Photograph: Ryad Kramdi/AFP/Getty Images

From the tea houses of the ancient town of Casbah to the lemonade stalls in the Roman ruins of Tipaza and the fashion stores of downtown Algiers, cash remains king in and around the capital of Africa’s third largest economy.

Unlike in parts of east or west Africa, mobile money transfers are not a thing and only a few establishments take card payments.

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