Ghana mobile money value hits GH₵518.8 billion in August, up 46.5% on a year earlier

Pinned summary · as of 06:22

Payments made through mobile money in Ghana were worth GH₵518.8 billion in August 2026, according to Bank of Ghana data. That is 46.5% higher than the same month of 2025 and above July's total.

What we know

• Bank of Ghana data put August 2026 mobile money value at GH₵518.8 billion, ahead of July's GH₵509.4 billion. The year-earlier figure for August 2025 was GH₵354.1 billion, which gives the 46.5% annual rise.
• Monthly values earlier in 2026 began with GH₵446.2 billion for January and GH₵446.6 billion for February, then moved to GH₵484.6 billion in March, GH₵493.2 billion in April, GH₵494.0 billion in May and GH₵492.9 billion in June.
• July's 969 million transactions rose to 1.046 billion in August. The central bank also recorded a bigger agent network, at 594,000 against 550,000 a month earlier, and a float balance of GH₵39.8 billion compared with GH₵39 billion.
• As of August 2026, some 85.8 million mobile money wallets were registered in the country, and 26.4 million of them were active.
• The Bank of Ghana counts an account as active if it handled at least one transaction in the previous 90 days, and an agent as active after one transaction in the previous 30 days. The numbers come from the central bank's September 2026 economic and financial data summary.
• Over 2025 the annual value rose 50.8%, reaching GH₵4.54 trillion against GH₵3.01 trillion a year before. According to the Payment Systems Oversight Annual Report for 2025, this faster pace showed the rising role of e-money platforms in economic activity.

What's disputed / unconfirmed

• ?
  Both The Vaultz News and The Ghana Report cite a mobile money total of GH₵3.8 trillion for August, but The Ghana Report's headline gives the year as 2026 while its text says 2028. Neither explains how this total relates to the August monthly value of GH₵518.8 billion.
• ?
  The Ghana Report gave the 2025 total as GH₵4.54 trillion but also mentioned GH₵4.45 trillion for the same year, so its own figures do not agree.
• ?
  The Vaultz News described August's GH₵518.8 billion as the highest monthly value in the period covered by its data. Other reports have not made that comparison.

Why it matters for Ghana

Mobile money is an everyday payment route for households and small traders across Ghana, and the central bank counts 26.4 million active accounts and 594,000 active agents. Higher monthly values mean more of that daily spending, from market stalls to bill payments, is passing through wallets and agent points. A larger agent network also puts cash-in and cash-out points within reach of more communities.