By Benjamin Nii Nai Anyetei
Mobile Money (MoMo), transactions in Ghana reached GH¢354.1 billion in August 2025, according to the Bank of Ghana’s Summary of Economic and Financial Data released in September.
The central bank’s report shows that the number of mobile money transactions climbed to 831 million during the month, up from 778 million in July.
Registered mobile money accounts also rose to 77.7 million, with 25.1 million active accounts recorded. This reflects the continued expansion of digital financial services across the country.
In addition, the Bank of Ghana noted that the number of registered mobile money agents stood at 938,000, out of which 433,000 were active in August.
Mobile money continues to play a central role in Ghana’s economy by deepening financial inclusion, creating employment for agents, and enabling secure, cashless payments. The growth of digital transactions is also improving tax revenue collection, reducing the risks associated with cash handling, and expanding access to credit through mobile lending platforms.
According to the central bank, the sustained momentum of mobile money transactions reflects the strength of Ghana’s payment system and its importance to the broader goal of building a cash-lite economy.
The latest figures reaffirm mobile money’s role as the backbone of Ghana’s digital payment ecosystem, with both account ownership and transaction activity showing sustained growth.
