The Mama Money Card is making it much easier for under-served communities to get their own bank service where all they need is proof of identity such as a passport, asylum document or South African ID to register for Mama Money on their phone.
These appointments signify how the startup ministry, established recently in 2020 to nurture the country’s entrepreneurial ecosystem, has become a critical talent pipeline for Algeria’s government.
To date, Qara has authenticated over 28 million product units and connected more than 50,000 business users across its primary markets of Egypt, KSA, and Kenya.