Africa’s sparse ATM infrastructure contrasts with Asian density

Central banks reported huge variation in number of ATMs

Central banks with higher cash volumes tend to have higher numbers of ATMs, but regional differences are significant, due in part to geography.  

According to Currency Benchmarks 2020, Asia has the highest number of ATMs in relation to geography – one for every 7km2. In terms of ATMs per 100,000 people, the region also ranks highly, with an average of 68.3.

However, in Africa, the picture is vastly different. The region has the sparsest distribution of ATMs, on average one every 450km2. In

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