03 April 2024

West Africa has emerged as a key mobile money player with the number of registered mobile money accounts doubling between 2013 and 2023, driven mostly by growth in Nigeria, Ghana, and Senegal, as per the GSMA’s 2024 State of the Industry Report on Mobile Money.

“For over two decades mobile money services have grown exponentially, driving financial inclusion for billions of people, opening up incredible opportunities for entrepreneurs and small businesses across the world,” said GSMA director general Mats Granryd.