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Number of registered and active mobile money accounts in Sub-Saharan Africa compared to the world in 2022 (in millions)

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Source

Release date

April 2023

Region

Africa

Survey time period

2022

Supplementary notes

Mobile money is a service through which a customer is able to receive, store, send, and spend money via a mobile phone device. Several entities provide the service, like telecom companies, mobile money operators, payments service providers, banks, etc.

Citation formats

Number of mobile money accounts in Sub-Saharan Africa 2022

Published by ÌÇÐÄÆƽâ°æ Research Department, Apr 18, 2023
Sub-Saharan Africa leads the world in regard to mobile money accounts, both for registered as well as active accounts. In 2022, around percent of the registered accounts worldwide were traced back to the African region south of the Sahara. At *** million, the number of active accounts in Sub-Saharan Africa was also higher than in the rest of the world. By the same year, there were ***live services in the region, accounting for approximately percent of the world's amount.
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