Total mobile money transactions value hits GH¢3.8trn as of August 2026
According to the September 2026 Bank of Ghana’s Summary of Economic and Financial Report, the total value of mobile money transactions stood at GH¢446.2 billion in January 2026, but shot up marginally to GH¢446.6 billion in February 2026.
As of August 2028, the total value of mobile money transactions in Ghana reached a staggering GH¢3.8 trillion, according to data from the Bank of Ghana. This surge reflects the growing preference for mobile money over traditional banking services among many Ghanaians. The rapid expansion of e-money platforms presents immense opportunities within the financial technology sector.
Looking forward, the total value of mobile money transactions is projected to surpass GH¢4.45 trillion, the figure recorded in 2025. In September 2026, the Bank of Ghana's Economic and Financial Report indicated that mobile money transactions were valued at GH¢446.2 billion in January 2026, which then increased to GH¢484.6 billion by March 2026 and GH¢493.2 billion in April 2026. Subsequent monthly increases brought the total to GH¢509.4 billion in July 2026 and GH¢518.8 billion in August 2026.
The trend underscores the growing significance of mobile money in Ghana's economy. As of August 2026, there were 26.4 million active mobile money accounts, in contrast to the 85.8 million registered accounts.
Written by urgent.news from Joy Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
