February 2026

Mobile money transactions in Ghana rose to GH¢518.4 billion in December 2025 as consumers increased spending during the festive season and relied more on digital payments, data released by the Bank of Ghana showed.

The central bank said the surge reflected both seasonal demand and the steady shift by households and businesses towards mobile-based financial services as a preferred payment option.

According to the Bank of Ghana’s Summary of Economic and Financial Data, the December figure marked the highest monthly transaction value recorded in 2025, underlining the role of mobile money in day-to-day commerce across the country.

Transaction volumes climbed to 982 million in December, up from 892 million in November, pointing to increased activity by users over the holiday period.

The rise in volumes was supported by growth in the number of active mobile money accounts, which increased to 26.7 million in December from 25.5 million a month earlier. 

Registered accounts also rose to 80.5 million.

The Governor of the Bank of Ghana, Dr Johnson Asiama, said the figures showed how digital payments had become embedded in Ghana’s retail economy, particularly during periods of high consumer spending. 

“The data showed that mobile money had become the first option for many transactions, especially during the festive season,” he said.

He said the growing reach of agents had improved access to cash-in and cash-out services, especially in peri-urban and rural areas, helping to drive financial inclusion.

Balances held in mobile money wallets reached GH¢39.6 billion in December, the highest level for the year, suggesting stronger confidence in mobile wallets as a place to hold funds. 

“People were keeping more value in their wallets, which showed trust in the system,” the official said.

Interoperability gains

Interoperable mobile money transactions also strengthened during the month, with transaction values rising to GH¢5.8 billion from GH¢4.9 billion in November.

The Bank of Ghana said the increase was largely driven by cross-network transfers during the holidays, as users sent money to family and friends on different networks.

A payments industry analyst said interoperability had reduced friction in the system, “Customers no longer worried about which network they were on, and that encouraged more transfers,” he said.

Despite the growth in digital channels, traditional payment instruments accounted for a smaller share of transactions in December.

Cheque payments totalled GH¢37.3 billion during the month, while electronic platforms such as GhIPSS Instant Pay recorded GH¢73.3 billion in transaction value, both well below mobile money levels.

The Bank of Ghana said mobile money had firmly established itself as the backbone of Ghana’s retail payments system, with rising smartphone use and agent expansion expected to support further growth into 2026. 

Source: Graphic Business

Telecel Group and King’s Trust International have signed a new partnership agreement to support foundational digital skills development for young people in Ghana.

The initiative will support a targeted project focused on Junior High Schools in Ghana, helping to address gaps in access to practical ICT education. Although ICT is a compulsory subject in Ghanaian schools, many lack functional computer labs, limiting students’ ability to gain hands-on digital skills.

Through this partnership, the project will introduce a new IT practice component into KI’s Skills for School programme, benefiting seven schools and enabling students to apply digital skills in real-world contexts. In addition to this, IT hardware will also be provided to schools, enabling the practical teaching of IT literacy in those establishments.

The Skills for School Programme, launched in 2020 and delivered by dedicated teachers in partnership with Junior Achievement Ghana (JA Ghana), provides targeted support for students aged 11-18 who are at risk of underachieving or dropping out of school altogether.

The initiative is expected to provide more than 4,000 students with an entry point into ICT learning, with students each year benefiting from enhanced practical IT sessions delivered by trained teachers. An IT practice component will be added to the current Skills for School programme.

Moh Damush, Group CEO of Telecel, said: “We are proud to partner with King’s Trust International to support young people in Ghana. This initiative reflects our commitment to digital inclusion and to empowering the next generation with the skills and confidence required for the future.”

Will Straw, Chief Executive Officer of King’s Trust International, said: “Access to digital skills is increasingly essential for young people’s education and future opportunities. This partnership with Telecel will help ensure students in underserved communities can move beyond theoretical learning and gain the practical ICT skills they need to succeed in today’s digital world.”

The agreement runs until 30 March 2027 and is intended as the first year of a multi-year partnership between Telecel and King’s Trust International, with both organizations expressing an ambition to deepen their collaboration in support of education and youth development in Ghana.

Source: Ghanaweb

Leading telecommunications provider MTN Ghana has unveiled Business Eye, its new enterprise surveillance solution, now officially available to businesses across the country.

Designed to empower companies to monitor assets, oversee operations, and stay connected 24/7. Business Eye is ideal for a wide range of environments, including retail shops, restaurants, fuel stations, warehouses and offices.

Business Eye is available in both SIM- and WiFi-enabled models, providing businesses with surveillance coverage without limits. The offering also includes round-the-clock remote monitoring with real-time alerts, secure cloud storage and local SD-card backup, a solar-powered feature to maintain protection even during power outages, and two-way audio that enables both observation and immediate communication.

Commenting on the product, Angela Mensah Poku, Chief Enterprise Business Officer of MTN Ghana, emphasised the strategic value of Business Eye in supporting enterprises across the country.

“At MTN, we are committed to empowering businesses with smart, innovative solutions that go beyond connectivity. As businesses operate through the Christmas period and beyond, Business Eye provides real-time visibility and control, helping organisations remain secure and efficient even in challenging environments. This launch reflects our dedication to supporting Ghanaian enterprises to stay agile, resilient, and future-ready.”

– Angela Mensah Poku, Chief Enterprise Business Officer, MTN Ghana

To make adoption easy, MTN Ghana has launched dedicated IoT bundle packages specifically for Business Eye. Interested customers can subscribe by dialling *5060#. Devices can be purchased at any MTN retail outlet , authorised reseller or explored online via MTN Ghana’s business solutions webpage.

With Business Eye, MTN Ghana is extending its commitment from providing connectivity to delivering intelligent, business-grade solutions that help enterprises stay secure, agile, and ready for the future.

Source: TechAfricaNews