36
Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
The total value of mobile money transactions in Ghana reached GH¢3.01 trillion in 2024, according to the Bank of Ghana’s 2024 Payment Systems Oversight Annual Report.
The figure represents a 56.8 per cent increase over the GH¢1.92 trillion recorded in 2023, highlighting the country’s growing reliance on mobile money for daily financial transactions.
Transaction volumes also rose sharply.
Total volumes increased by 18.9 per cent to 8.1 billion transactions in 2024, up from 6.8 billion in 2023.
The central bank said the growth reflects the increasing use of mobile money for frequent, low-value payments.
Source: newsthemegh.com
