In April 2025, the total value of transactions in Ghana’s mobile money ecosystem reached GHC365.0 billion, the largest monthly amount to date.
This milestone highlights the transformative impact of recent policy changes and represents a 3.8% rise from GHC351.7 billion in March, according to the Bank of Ghana’s most recent economic and financial data.
The Mahama administration’s decision to do away with the electronic transfer levy, or “e-levy,” is a major factor in this increase. This measure has drastically lowered transaction costs and restored customer trust in mobile financial services.
The value and number of mobile money transactions have significantly increased as a result of the regulation change, which seems to have eliminated a significant usage barrier.
Mobile money transactions increased from 764 million in March to 778 million in April.
This consistent rise supports mobile money’s growing contribution to financial inclusion and cross-sector payment simplification.
The convenience provided by mobile-based platforms, an ever-expanding agent network, and rising mobile phone usage all contribute to the upward trend.
Given Ghana’s continuous digital transformation and the favorable regulatory framework, analysts predict that the trend will continue.
