In 2022, electronic money institutions within member countries of the West African Monetary Union (WAMU) counted slightly over 118 million e-money accounts. This increased from 78.6 million in the previous year. Côte d'Ivoire had the highest number of e-money issuing institutions in West Africa as of 2024.
Number of e-money accounts opened with e-money institutions in the West African Monetary Union (WAMU) from 2020 to 2022
(in millions)
Characteristic
Number of e-money accounts in millions
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year-ending December 31; e-money institution distribution network
Supplementary notes
Figure for 2020 has been calculated by Statista from the percentage value provided by the source.
The member countries of the Banking Commission of the West African Monetary Union (WAMU) are Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo.
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Statista. (May 8, 2024). Number of e-money accounts opened with e-money institutions in the West African Monetary Union (WAMU) from 2020 to 2022 (in millions) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1464978/annual-e-money-accounts-with-e-money-institutions-in-west-africa/
Statista. "Number of e-money accounts opened with e-money institutions in the West African Monetary Union (WAMU) from 2020 to 2022 (in millions)." Chart. May 8, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1464978/annual-e-money-accounts-with-e-money-institutions-in-west-africa/
Statista. (2024). Number of e-money accounts opened with e-money institutions in the West African Monetary Union (WAMU) from 2020 to 2022 (in millions). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1464978/annual-e-money-accounts-with-e-money-institutions-in-west-africa/
Statista. "Number of E-money Accounts Opened with E-money Institutions in The West African Monetary Union (Wamu) from 2020 to 2022 (in Millions)." Statista, Statista Inc., 8 May 2024, https://www.statista.com/statistics/1464978/annual-e-money-accounts-with-e-money-institutions-in-west-africa/
Statista, Number of e-money accounts opened with e-money institutions in the West African Monetary Union (WAMU) from 2020 to 2022 (in millions) Statista, https://www.statista.com/statistics/1464978/annual-e-money-accounts-with-e-money-institutions-in-west-africa/ (last visited August 24, 2024)
Number of e-money accounts opened with e-money institutions in the West African Monetary Union (WAMU) from 2020 to 2022 (in millions) [Graph], Statista, May 8, 2024. [Online]. Available: https://www.statista.com/statistics/1464978/annual-e-money-accounts-with-e-money-institutions-in-west-africa/