
Ghana: Mobile Payments Soar To $280 Billion Over Last Decade
Mobile payments now power half of Ghana’s formal transactions, with 24 million users and 74 million accounts transforming financial inclusion.
Ghana has witnessed a dramatic surge in digital payments over the past decade, as mobile money has become a cornerstone of the country’s financial landscape. The total value of transactions has soared to 3.02 trillion cedis ($280 billion), marking an extraordinary increase of more than 1,135,000% since 2015, the Bank of Ghana revealed.
Speaking at the MOBEX Africa Tech Expo and Innovation Conference in Accra, Matilda Asante-Asiedu, deputy governor of the Bank of Ghana, highlighted the transformative role of mobile …















