Ghana sees route to ‘cash-lite’ economy through mobile money

ghana-flag

Ghana’s burgeoning mobile money sector is a route to a “cash-lite” economy, said the Bank of Ghana’s deputy governor.

In a speech last week, Maxwell Opoku-Afari stressed the large gains that Ghana has made in financial inclusion, mostly due to the growth of its mobile money sector. He said the number of mobile money accounts has grown from 3.8 million in 2012 to 32.6 million at the end of last year, which is greater than the population of Ghana (30.1 million).

The deputy governor said the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: