Audio By Carbonatix
Registered mobile money accounts in Ghana surged to 68.2 million in April this year, marking a significant increase compared to 57.6 million in the same period in 2023.
According to the Bank of Ghana's Summary of Economic and Financial Data for May 2024, the growth has been steady since last year.
In May 2023, there were 58.7 million registered mobile money accounts, which rose to 59.7 million in June, representing an increase of one million. By September, the figures had skyrocketed to 63.2 million.
The upward trend continued with 64 million in October, 64.9 million in November, and 65.6 million in December.
This year, the growth persisted with 66.3 million accounts in January, 66.9 million in February, 67.6 million in March, and 68.2 million in April.
The data also revealed a rise in active mobile money accounts, which increased from 21.1 million in April last year to 23.9 million in April this year.
In May 2023, active accounts rose marginally to 21.8 million and then saw a significant surge to 22.1 million in June.
The figures continued to grow from September to December, reaching 21.9 million, 22.1 million, 22.4 million, and 22.8 million, respectively.
The growth trend persisted in 2024, with active accounts reaching 22.9 million in January, 23.1 million in February, 23.4 million in March, and 23.9 million in April.
Latest Stories
-
Morocco beat Nigeria on penalties to set up AFCON final against Senegal
3 hours -
NaCCA Director-General apologises as withdrawn teacher manual sparks national outrage
3 hours -
Mane destroys Salah’s Afcon dream again – will he get another chance?
3 hours -
‘If Flick hadn’t come, I would have left Barca’ – Raphinha
4 hours -
Real Madrid stunned by second division Albacete in Copa del Rey
4 hours -
Tottenham sign Gallagher from Atletico for £35m
4 hours -
Amateur stuns world’s best Jannik Sinner to win A$1m in Melbourne
4 hours -
FBI searches home of Washington Post reporter in classified documents probe
4 hours -
Trump administration pauses immigrant visa processing for 75 countries
4 hours -
UK–Ghana crack down on immigration crime as fugitive smuggler jailed
5 hours -
Ghana’s Benjamin Arhin shines on Internacional debut with Man of the Match display
5 hours -
Stanbic Bank Ghana maintain top rank in Customer Experience Leadership in 2025 KPMG Assessment
5 hours -
Newmont-backed AI smart lab powers Kona D/A students to victory at Ghana Robotics Competition
5 hours -
Venezuelan acting president says hundreds of prisoners have been released since December
5 hours -
Nilex Suites holds first open house ahead of official launch
6 hours
