Ghana’s mobile money sector reached an all-time high in April 2025, with transactions totaling GH₵365 billion, according to the latest Bank of Ghana report.
This marks a 3.8% increase from March’s GH₵351.7 billion and reflects growing confidence in and usage of digital financial services across the country.
The sharp rise follows the repeal of the Electronic Transfer Levy (E-Levy) in March, which experts believe played a major role in encouraging more high-value transfers.
The total number of transactions also rose from 764 million in March to 778 million in April, signaling sustained user activity and trust in the platform.
April also saw an increase in active mobile money accounts to 24.2 million, while registered accounts grew to 75.2 million. Interoperability transactions—transfers across different networks—climbed to GH₵4.0 billion, up from GH₵3.2 billion the previous month.
Analysts point to expanding mobile penetration, user convenience, and improved digital literacy as key drivers.
With its growing reach, mobile money is increasingly seen as a tool for deepening financial inclusion, especially in rural and underserved areas.