12  http://www.internetworldstats.com/stats.htm https://www.itu.int/en/ITU-D/Statistics/Documents/facts/ICTFactsFigures2015.pdf 14 http://www.internetworldstats.com/stats.htm 15 Manyika, J., A. Cabral, L. Moodley, S. Moraje, S. Yeboah-Amankwah, M. Chui and J. Anthonyrajah, Lions go digital: The Internet’s transformative potential in Africa, November 2013. McKinsey Global Institute.
Available at http://www.mckinsey.com/industries/high-tech/our-insights/lions-go-digital-theinternets-transformative-potential-in-africa 13  Page 8 of 10  Although digital opportunities are encouraging, especially in the financial sector, numerous regulatory challenges need to be addressed, relating specifically to the development of an innovative and enabling policy environment for financial technology while at the same time managing the risks to consumers and the financial systems.