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Value of mobile money transactions in West Africa in 2019 and 2020 (in billion U.S. dollars)

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Source

Release date

2021

Region

Africa

Survey time period

2019 to 2020

Supplementary notes

The source mentions that the volume and value of mobile money transactions are processed through the following products: airtime top-ups, bill payments, bulk disbursements, cash-ins, cash-outs, international remittances, merchant payments and P2P transfers.

Citation formats

Value of mobile money transactions in West Africa 2019-2020

Published by ÌÇÐÄÆƽâ°æ Research Department, Apr 13, 2021
In 2020, mobile money operations in West Africa accumulated a value of *** billion U.S. dollars. This represents an increase of ** percent from the previous year, when *** billion U.S. dollars was registered. Overall, compared to other regions of the world, sub-Saharan Africa recorded the highest mobile money transaction value in 2019.
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