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
-
The legal effect of the United Nations resolution declaring the Transatlantic Slave Trade the gravest crime against humanity
3 hours -
Ministers storm Accra New Town collapse site as rescue intensifies
4 hours -
KNUST boosts petroleum engineering output with largest MSc cohort
4 hours -
E&P dispatches final batch of 30 dump truck buckets to Tarkwa site
4 hours -
NIB returns to profitability with over GH₵343M Profit After Tax – 2025 financial report
4 hours -
We knew it was weak – Resident says after deadly Accra New Town collapse
4 hours -
Government to borrow GH¢15.231bn via T-bills, bonds between March and June 2026
4 hours -
UN resolution just the beginning – Mahama on adoption of slave trade declaration
5 hours -
UN adoption of resolution declaring transatlantic slave trade gravest crime historic – Mahama
5 hours -
“This is a proud moment for Ghana, Africa” – Mahama after UN slave trade resolution
5 hours -
New Town building collapse: Two dead, 14 rescued so far as mission intensifies
5 hours -
Prolonged Middle East conflict poses significant risk to economy – BoG
6 hours -
Kafui Dey suggests seat fillers to fix late TGMA start
6 hours -
World Bank, GCEA provide FIDIC contract management training in Accra
6 hours -
T-bills auction: Government records 20.1% undersubscription; interest rates continue to surge
6 hours
