Sub-Saharan Africa leads the world in regard to mobile money accounts, both for registered as well as active accounts. In 2022, around 47.69 percent of the registered accounts worldwide were traced back to the African region south of the Sahara. At 218 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 154 live services in the region, accounting for approximately 48.89 percent of the world's amount.
Number of registered and active mobile money accounts in Sub-Saharan Africa compared to the world in 2022
(in millions)
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.
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GSMA . (April 18, 2023). Number of registered and active mobile money accounts in Sub-Saharan Africa compared to the world in 2022 (in millions) [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/1187120/number-of-mobile-money-accounts-in-sub-saharan-africa/
GSMA . "Number of registered and active mobile money accounts in Sub-Saharan Africa compared to the world in 2022 (in millions)." Chart. April 18, 2023. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/1187120/number-of-mobile-money-accounts-in-sub-saharan-africa/
GSMA . (2023). Number of registered and active mobile money accounts in Sub-Saharan Africa compared to the world in 2022 (in millions). Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/1187120/number-of-mobile-money-accounts-in-sub-saharan-africa/
GSMA . "Number of Registered and Active Mobile Money Accounts in Sub-saharan Africa Compared to The World in 2022 (in Millions)." Statista, Statista Inc., 18 Apr 2023, https://www.statista.com/statistics/1187120/number-of-mobile-money-accounts-in-sub-saharan-africa/
GSMA , Number of registered and active mobile money accounts in Sub-Saharan Africa compared to the world in 2022 (in millions) Statista, https://www.statista.com/statistics/1187120/number-of-mobile-money-accounts-in-sub-saharan-africa/ (last visited November 17, 2024)
Number of registered and active mobile money accounts in Sub-Saharan Africa compared to the world in 2022 (in millions) [Graph], GSMA , April 18, 2023. [Online]. Available: https://www.statista.com/statistics/1187120/number-of-mobile-money-accounts-in-sub-saharan-africa/
