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
-
Kwakye Ofosu says cost of living eased under Mahama government
30 minutes -
Total banking deposits stood at GH¢302.0bn in October 2025, but foreign currency deposits contracted by 21%
42 minutes -
Interior Minister calls for collective action to enhance security in Ashanti Region
46 minutes -
Baobab: Tree of life dying as climate change ravages Northern Ghana
48 minutes -
Extradition of Ofori-Atta and Tamakloe-Attinou could take up to three years – Victoria Bright
53 minutes -
Government pledges support for Accra commuters amid transport challenges
54 minutes -
GES probes alleged feeding problems at Savelugu Senior High School
56 minutes -
Government is reviewing Saglemi Housing deal and private takeover – Kwakye Ofosu
1 hour -
Nana Ama McBrown, Kate Henshaw headline Women of Valour London 2026
1 hour -
David Asante’s contributions at GPCL must be recognised – Vicky Bright
1 hour -
I don’t want my people to be mistreated by ICE — Ambassador Victor Smith tells US Senator
1 hour -
Detained fugitives: If you’re not prepared to be accountable, don’t hold public office – Vicky Bright
2 hours -
Adutwum outlines vision for a growth-minded Ghana, draws lessons from global experiences
2 hours -
I wish former CSA boss Dr Antwi-Boasiako continues in office – Sampson Lardy
2 hours -
Kotoko maintain title ambition despite mixed results – Sarfo Duku
2 hours
