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 an impressive GH¢3.8 trillion, according to the latest data from the Bank of Ghana. This surge in mobile money usage indicates a significant shift towards digital financial transactions, outpacing traditional banking activities. The rapid growth in mobile money transactions presents immense potential within the financial technology sector.
The Bank of Ghana's September 2026 Economic and Financial Report highlights that mobile money transactions surpassed GH¢446.2 billion in January 2026, gradually increasing to GH¢484.6 billion in March 2026. The upward trend continued, reaching GH¢493.2 billion in April 2026, GH¢492.9 billion in May 2026, and GH¢494.0 billion in June 2026. In July and August 2026, the total value of mobile money transactions further increased to GH¢509.4 billion and GH¢518.8 billion, respectively.
In 2025, mobile money transactions grew by an impressive 50.8%, reaching a total of GH¢4.54 trillion, up from GH¢3.01 trillion in 2024. This exponential growth underscores the growing significance of e-money platforms in facilitating economic activities. As of August 2026, there were 26.4 million active mobile money accounts, a stark contrast to the 85.8 million registered accounts.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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